79072, Plainview, TX

The 79072 zip code of Plainview, TX is located in Central Texas and has a population of around 30,000. The median household income in the zip code is $59,000 and the median home value is $206,000.

There has been a significant increase in home equity and home prices in the 79072 zip code over the past few years. In 2012, the median home value was $187,500 and by 2016 that had increased to $226,500. This trend appears to be continuing as the latest figures show that the median home value in 2017 is now $236,500.

One reason for this increase may be that Plainview is a growing city with many new homes being built. Additionally, there are limited available properties for sale within the zip code which may also contribute to higher prices. There are also a number of affluent families who live in Plainview and may be able to afford higher priced homes.

Despite these positive trends, there are still some areas of concern for homeowners within the 79072 zip code. For example, although prices have increased significantly over recent years there has been little growth in wages which means that people are increasingly having to borrow money to buy a house. Additionally, interest rates have remained low which makes it more difficult for people to pay off their mortgages quickly.