79251, Quail, TX

The Quail, TX zip code of 79251 has a median home value of $148,000 and a median home equity value of $101,000. This means that the majority of homes in this zip code are worth more than their original purchase price. Additionally, the average home price growth in this zip code over the past five years has been 6%. This indicates that there is strong demand for homes in this area and that prices are likely to continue to rise.

One reason why home prices in Quail, TX are so high is because there is a high demand for housing in this area. The population of Quail, TX has grown by 16% over the past five years and is projected to grow by another 10% over the next decade. In addition, many people who live in Quail, TX commute to jobs located outside of the zip code. Therefore, there is an abundance of job opportunities and people are willing to pay higher prices for homes near these jobs.

Another reason why home prices in Quail, TX are so high is because there is limited supply of homes available for sale. Over the past five years, only 2% of homes that have been listed for sale have been sold within the first month. This indicates that there is strong demand for homes in Quail and that buyers will need to be patient if they want to purchase a home here.