78148, Universal City, TX

Universal City is located in the 78148 zip code of Fort Worth, TX. According to the 2010 census, Universal City had a population of 36,906. Universal City is a suburb of Fort Worth and has seen an increase in home prices over the past few years. In January of this year, the median home price was $269,000 and has since increased to $291,000 as of September 2017. The average home value in Universal City is $274,000 which is higher than the state average of $217,500.

The reason for this increase in home values may be due to several factors including an influx of new residents into Universal City as well as an increase in demand for homes within the area. Additionally, Universal City has been designated as a “Gold” level city by the Texas Department of Housing and Community Affairs which may also contribute to increased demand for homes within the city limits.

Despite these positive trends however there are some potential risks that could impact home values within Universal City including a decrease in population or employment levels within the area which would lead to less demand for homes and subsequently lower prices. Additionally there are some potential risks associated with investing in real estate such as market volatility and interest rates which could impact homeownership opportunities and overall investment returns.