78580, Raymondville, TX

Home Equity and Home Prices in the Raymondville, TX 78580 Zip Code

There are a total of 2,711 homes for sale in the Raymondville, TX 78580 zip code as of February 2019. The median home price in this zip code is $119,900. The average home price in this zip code has increased by 9.5% since January 2019. There are currently 269 homes for sale that are under $100K and 592 homes for sale that are over $100K. The median home value is $116,500 which is lower than the national median home value of $217,500.

The percentage of homes that are currently available for purchase is 47%. This percentage has decreased by 1% since January 2019. The percentage of homes that have been sold is 58%. This percentage has increased by 2% since January 2019.

Raymondville homeowners have an average equity ratio of 41%. This equity ratio has decreased by 1% since January 2019 but it remains higher than the national average equity ratio of 36%.

The percent of homeowners who owe more on their mortgage than their home’s market value is 20%. This percent has decreased by 3% since January 2019 but it remains higher than the national percent of 10%.