78828, Barksdale, TX

The Barksdale, TX 78828 zip code has a population of around 36,000 people and is located in the southwestern corner of the state. The median household income in this zip code is $60,000, which is higher than the statewide median household income of $53,046. The home equity and home prices in this zip code are both relatively high when compared to other areas of Texas.

According to Zillow’s 2018 Home Value Report, the median home value in the Barksdale area is $269,200. This ranks fourth highest out of all zip codes in Texas and significantly higher than the statewide median home value of $179,700. Additionally, Zillow’s report shows that homes in this area have been increasing in value at a rate of 5.5% annually over the past three years. This compares favorably to the statewide average growth rate of 2.9%.

One reason for these high home values may be due to limited inventory availability in this area. According to Trulia’s 2019 Housing Market Report for ZIP Codes within 25 miles of Barksdale (78828 included), there are only 54 homes available for sale as compared to an average availability rate of 190 homes per month nationwide. This scarcity may be contributing to increased prices as buyers have more competition for available properties.