79252, Quanah, TX

The 79252 zip code of Quanah, TX has a median home value of $128,000 and a median home equity value of $119,000. These values are higher than the statewide median home value of $106,500 and the national median home equity value of $117,200. The 79252 zip code is also more expensive than the statewide median home value and the national median home equity value by a significant margin.

One reason for this high level ofhome values in the 79252 zip code is that there are relatively few homes for sale in this area. In fact, only 2.5%of homes in the 79252 zip code are currently for sale compared to 3.4%of homes statewide and 4%of homes nationwide. This lack of available housing may be contributing to the high level ofhome values in this area.

Another factor that may be contributing tothe high level ofhome values in the 79252 zip code isthe scarcity of affordable housing options available in this area. Only 5%of homes in the 79252 zip code are priced at or below 100%of family income which is below Texas' average affordability threshold for homeownership (which is 80%). This means that most families who want to buy a home in this area must either invest significantly more money than they would typically spend on a house or live far away from their jobs.