79234, Flomot, TX

The 79234 zip code of Flomot, TX has a median home value of $136,000. The home equity in this zip code is $50,000. This means that the average homeowner in this zip code has over $86,000 in equity in their home.

This high level of equity is likely due to the relatively low number of homes in this zip code that are worth less than their mortgage. Only 2% of homes in the 79234 zip code are worth less than their mortgage and 97% are worth more.

Home prices have been on the rise for much of the country over the past few years and they have also been on the rise in Flomot, TX. The average home price has increased by 9% since 2015 and it is projected to increase by another 5% by 2020.

While there may be some concerns about whether or not these prices will continue to increase, it is clear that homeownership rates are at an all-time high and that there is a lot of demand for homes in Flomot, TX.