78945, La Grange, TX

The La Grange, TX 78945 zip code has a population of around 27,000 people and an average home value of $187,000. The La Grange area is located in Williamson County and has a median household income of $92,000. Home equity in the La Grange area has been increasing at a rate of 6% annually over the past five years. This growth is likely due to the low interest rates and strong economy in Texas.

According to Zillow, the average home value in La Grange increased by 2% from January 2017 to January 2018. This growth was slower than the national average which saw an increase of 3%. However, this slowdown may be due to stricter lending criteria implemented by some lenders since 2017. In addition, there are currently more homes for sale than there are buyers which could also be contributing to slower home value growth in La Grange.

Despite these challenges, it is clear that home equity growth is still happening in the La Grange area. Over the past five years, home equity has grown by an average of 6%. This means that homeowners have been able to take advantage of rising prices and increase their net worth over time. Homeowners who have invested wisely can see their net worth grow significantly over time if they stay on top of their mortgage payments and keep up with property maintenance/updates.