78058, Mountain Home, TX

The 78058 zip code of Mountain Home, TX has a median home value of $128,000. The home equity in this zip code is $41,000. This means that the average homeowner in this zip code has about $68,000 in equity in their home.

This is a relatively high amount of equity when compared to other zip codes in the United States. For example, the median home value in the ZIP Code of 78014 which is located in Austin, TX is only $92,500 and the median home value in the ZIP Code of 97934 which is located in San Francisco, CA is only $366,500.

There are a few reasons why homeowners have more equity in their homes than people living elsewhere. One reason may be that homes here are typically cheaper than homes elsewhere. Another reason may be that homeownership rates are higher here than they are elsewhere.

One potential downside to having a high level of equity in your home is that it can make it difficult to sell your home if you want to move or if you need to borrow money against your property to finance a purchase or renovation project.