79036, Fritch, TX

The home equity and home prices in the 79036 zip code of Fritch, TX are reflective of the overall market conditions in the area. The median home value in this zip code is $137,000, which is lower than the statewide median home value of $217,500. However, this does not mean that there are not a number of homes for sale in this zip code. In fact, there are currently 102 homes for sale in this zip code. Additionally, the average list price for a home in this zip code is $151,000. This is higher than the statewide average list price of $142,500 but still lower than the median list price of $167,500 found in other parts of Texas.

When it comes to home equity and homeownership rates in Fritch, TX residents have a positive outlook. The homeownership rate here is 73%, which is higher than both the statewide homeownership rate (67%) and the national homeownership rate (63%). Additionally, 71% of households here own their homes outright while only 9% owe more on their mortgages than their homes are worth. This high level of homeowner satisfaction may be due to low levels of mortgage delinquency and foreclosure activity within this zip code. In fact, only 2 out of every 1000 households here has experienced either one or both types of foreclosure activity within the past three years.

Overall then, despite some challenges faced by residents – such as relatively high levels of mortgage debt – they appear to be doing well when it comes to their finances and housing status quo. While there may be some opportunities for those looking to buy or sell a home within this zip code – especially given current market conditions – it’s important to keep in mind that no two neighborhoods are exactly alike so always consult with an expert before making any decisions about buying or selling property