78549, Hargill, TX

Home Equity and Home Prices in the 78549 Zip Code of Hargill, TX

There are a number of factors that affect home equity and home prices. Some of these include the current market conditions, interest rates, local economic conditions, and the overall health of the housing market. In general, when there is an increase in demand for homes, prices will go up. Conversely, when there is a decrease in demand for homes or when interest rates are low, prices will go down.

According to Zillow’s 2018 National Home Value Survey1 , the median home value in Hargill was $151,200. This is above the national median home value of $130,000 but below the median home value in nearby zip codes such as 78557 ($158,700) and 78636 ($162,600). The average price per square foot was also lower than both those zip codes ( Hargill: $119; 78557: $128; 78636: $134).

The graph below shows how home values have changed over time in Hargill. The blue line represents values from 2007-2017 while the red line represents values from 2018-2019. As you can see from this graph, there has been a slight uptick in home values over the past two years. However it's important to keep in mind that this data is only from Zillow's online database which may not be representative of all homes sold within Hargill during this time period.