78653, Manor, TX

The 78653 zip code of Manor, TX has a median home value of $174,000. The home equity in this zip code is $128,000. This means that the homeowners in this zip code have a net worth of $56,000 more than the total amount owed on their mortgages. Additionally, the average home price in this zip code has increased by 8% over the past year. This indicates that there is strong demand for homes in this area and that prices are likely to continue to rise.

There are several factors contributing to the high home values and net worth in the 78653 zip code of Manor. First and foremost, there is an abundance of available housing stock in this area which has helped to drive up prices. Additionally, many homeowners in this area have invested heavily in their homes over time which has resulted in sizable equity holdings. Finally, Manor is located within close proximity to both Dallas and Fort Worth which are two major metropolitan areas with a large population of affluent residents. All three of these factors are likely contributing factors to the high home values and net worth enjoyed by homeowners in the 78653 zip code of Manor.