78064, Pleasanton, TX

The 78064 zip code of Pleasanton, TX has a median home value of $227,000 and a median home equity value of $174,000. These values are lower than the statewide median home value of $225,800 and statewide median home equity value of $179,200. The 78064 zip code also has a lower than average homeownership rate at just 62.5%.

One factor that may contribute to the lower home values in the 78064 zip code is the high percentage of renters who reside in this area. Approximately one-third (34%) of households in the 78064 zip code are renters, which is higher than the statewide average rental rate of 27%. This high percentage of renters may be contributing to the low homeownership rate as many people who live in this area may not have an ownership stake in their homes.

Another potential reason for the low homeownerhip rate in the 78064 zip code is that there are relatively few homes for sale compared to other areas within Texas. In fact, only 2%of all homes for sale in Pleasanton are located within the 78064 zip code. This lack of available homes may make it difficult for people who want to buy a home to find one that meets their needs and budget.