79083, Stinnett, TX

Home Equity and Home Prices in the 79083 Zip Code of Stinnett, TX

The zip code of 79083 has a population of around 10,000 people and is located in the Dallas-Fort Worth metro area. The median home value in this zip code is $158,900 which is above the national median home value of $127,500. The percentage of homes that are owner-occupied is around 68%, which is below the national average of 69%. Around 27% of homes in this zip code are valued at less than $50,000 while around 5% are valued at more than $1 million. In terms of monthly mortgage payments, the average payment for a home in this zip code would be around $1,190.

There are several factors that could contribute to why home values in this zip code are higher than average. First, there is a high percentage of owner-occupied homes which could lead to increased demand for properties within this area. Additionally, Stinnett is located within an affluent metropolitan area which could also contribute to increased prices. Finally, Stinnett has seen relatively low levels of foreclosure activity over the past few years which could also lead to higher prices.