78132, New Braunfels, TX

Home Equity and Home Prices in the 78132 Zip Code of New Braunfels, TX

The 78132 zip code of New Braunfels, TX has a median home value of $153,200. This is higher than the statewide median home value of $130,800 and the national median home value of $177,600. The 78132 zip code also has a high percentage of homeowners with equity in their homes. In the 78132 zip code, 73% of homeowners have equity in their homes. This is higher than both the statewide percentage (68%) and the national percentage (64%).

One reason for this high level of equity may be that many homeowners in the 78132 zip code have taken advantage of low interest rates to borrow money against their homes. In fact, 36% of homeowners in the 78132 zip code have taken out a mortgage or loan on their home. This is lower than both the statewide percentage (47%) and the national percentage (41%), but it is still high compared to other ZIP codes in Texas.

Another factor that may contribute to high levels of equity among homeowners in the 78132 zip code are low levels of foreclosure activity. In fact, only 2%of homes in this ZIP code are currently listed for sale as foreclosed or REO properties. This is lower than both the statewide percentage (4%) and national percentage (5%).