78145, Pawnee, TX

Home Equity and Home Prices in the 78145 Zip Code of Pawnee, TX

The 78145 zip code of Pawnee, TX has a median home value of $101,000. This is higher than the statewide median home value of $76,500. The 78145 zip code also has a higher than average percentage of homes with equity (83%). This means that more homes in this zip code are worth more than what is owed on the mortgage.

The average home price in the 78145 zip code increased by 8% from 2017 to 2018. This was faster than the statewide increase of 5%. The main driver for this increase was sales prices, which rose by 10%. However, prices for single family homes were much higher than those for condos or apartments.

There are a number of factors that could be contributing to this trend in home values in the 78145 zip code. These include low interest rates and strong demand from buyers. Additionally, there is limited supply available due to zoning restrictions that make it difficult to build new homes here.

If you are looking to buy or sell a home in the 78145 zip code, it is important to consult with an experienced real estate agent who can help you understand all of your options and make sure you get a fair deal on your property.