78758, Austin, TX

Home Equity and Home Prices in the 78758 Zip Code of Austin, TX

The 78758 zip code of Austin, TX has a median home value of $247,900 and a median home equity value of $146,700. These values are higher than the statewide median home value of $205,800 and the national median home equity value of $177,200. The 78758 zip code is also above the Texas median home equity value of $135,000.

There are a number of factors that contribute to the high values in this zip code. First, Austin is one of the most expensive cities in which to live and buy a home. Second, there is an abundance of luxury homes available in this area. Third, many homeowners have taken advantage of low interest rates over the past few years to increase their equity levels. Finally, there is strong demand for housing in this area due to its many amenities (including excellent schools and job opportunities).

Despite these high values, it is important to keep in mind that not all homes in this zip code are worth as much as others. In fact, there are a number of homes that are worth less than their mortgage obligations (due to foreclosure or other reasons). Additionally, while prices have been increasing over time (due both to increased demand and limited supply), they may not continue doing so indefinitely. So if you are thinking about buying or selling a home in this area be sure to consult with an experienced real estate agent who can help you understand all your options