78557, Hidalgo, TX

The 78557 zip code of Hidalgo, TX has a median home value of $128,000. This is lower than the statewide median home value of $217,500. The zip code also has a lower than average homeownership rate at just 54%. This is likely due to the high levels of poverty and unemployment in this area.

Despite these challenges, there are some homeowners in the 78557 zip code who have done well by investing in their home equity. Home values have increased by an average of 5% each year since 2006. This has helped to increase homeowner equity by an average of 34%.

While home values are increasing in the 78557 zip code, they are not increasing as quickly as they are statewide. This may be due to the high levels of poverty and unemployment in this area. As long as these conditions do not change, it is likely that home values will continue to grow slowly in the 78557 zip code.