78008, Campbellton, TX

The Campbellton, TX 78008 zip code has a population of around 30,000 people and is located in the eastern part of the Dallas-Fort Worth metroplex. The median home value in this zip code is $128,000 which is about average for the Dallas-Fort Worth metroplex. Home equity in this zip code has been growing at a rate of around 6% annually over the past five years. This growth can be attributed to strong job growth and low interest rates.

There are a number of factors that contribute to home equity growth including rising incomes, increased consumer spending, and low interest rates. In addition, home values in Campbellton have been increasing faster than average because there are relatively few homes for sale compared to other areas of the Dallas-Fort Worth metroplex. As a result, buyers have had more opportunity to purchase high-value homes and increase their home equity holdings over time.

While there are some risks associated with rising home values (e.g., increased risk of default on mortgages), overall homeownership rates in Campbellton remain high (around 85%) which suggests that most residents are confident in their ability to repay their mortgages. In addition, recent surveys have shown that residents in Campbellton are generally happy with their current home values and believe that they will continue to appreciate over time.