Zip Code:

78938, Ellinger, TX

78938 is a Texas Zip code within the city of Ellinger and the county of Fayette. Its population is roughly 303.

The Real Estate Market in the 78938 Zip Code of Ellinger, TX

The home equity and home prices in the 78938 zip code of Ellinger, TX are reflective of the overall market conditions in the area. The median home value in this zip code is $144,500, which is lower than the statewide median home value of $205,700. However, this does not mean that there are not a number of homes for sale in this zip code. In fact, there are currently 52 homes for sale in this zip code. Additionally, the average list price for homes for sale is $159,000 which is higher than the statewide average list price of $147,900.

Despite these relatively high prices and a low number of homes for sale, it should be noted that there has been an increase in home equity within this zip code over the past year. The percentage of homeowners with a mortgage who have increased their equity by at least 50% since last year is currently at 34%. This indicates that many homeowners within this zip code are feeling confident about their ability to maintain or increase their current level of housing wealth.

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