79229, Dickens, TX

The 79229 zip code of Dickens, TX has a median home value of $122,500 and a median home equity value of $101,000. The average home price in this zip code has increased by 10.5% over the past year. In addition, the average home equity loan amount in this zip code is $128,000. This indicates that many homeowners in this area are able to access ample credit to purchase homes.

Furthermore, the percentage of homeowners who have taken out a mortgage in the past year is 54%. This indicates that many homeowners in this area are able to afford to purchase homes despite having low levels of home equity. Additionally, the percentage of homeowners who have taken out a HELOC (home equity line of credit) is also high at 29%. This indicates that many homeowners in this area are able to use their home equity as a source of liquidity when needed.