78061, Pearsall, TX

Home Equity and Home Prices in the Pearsall, TX 78061 Zip Code

The home equity and home prices in the Pearsall, TX 78061 zip code are very high. In fact, according to Zillow, the median home value in this zip code is $269,900. This is a far cry from the national median home value of $181,600. The high home values can be attributed to a number of factors including strong demand and low supply. Additionally, Pearsall is located in an affluent area with plenty of job opportunities. Consequently, there is a high demand for homes in this area.

Despite the high home values, not everyone can afford to purchase a home in this zip code. In fact, according to Trulia’s analysis of data from 2016, only 36% of households earning less than $50k per year could afford a house in this area. This indicates that there is strong demand for homes but also some stiff competition for them. Additionally, many people who do not live within walking distance of their work or school may find it difficult to afford a house here due to the high prices and limited availability.