79062, Morse, TX

The 79062 zip code of Morse, TX has a median home value of $119,900 and a median home equity value of $101,700. These values are higher than the statewide median home value of $117,500 and the national median home equity value of $106,100. The Morse area has seen an increase in home values over the past five years. In 2012, the median home value was $105,000 and in 2016 it had increased to $119,900. This trend is likely to continue as there is a limited supply of homes available in this zip code and demand is high due to its close proximity to major cities such as Dallas and Fort Worth.

Home prices are also affected by local factors such as school districts and crime rates. The Morse area has some of the best schools in Dallas County with top ratings from both parents and students. Additionally, crime rates are low which contributes to high demand for property in this area.