79312, Amherst, TX

The Amherst, TX 79312 zip code has a population of around 21,000 people and is located in Williamson County. The median household income in the 79312 zip code is $83,500 and the median home value is $213,000. Home equity in the 79312 zip code has increased significantly over the past few years and there are many reasons for this. One reason is that home prices have been rising faster than inflation rates which means that homeowners are able to gain more value from their homes over time. Additionally, there has been an increase in home equity loans available which allows homeowners to borrow against their homes to cover expenses or invest in other assets.

One important factor to consider when assessing home equity in any given area is the percentage of households that are homeowners. In the 79312 zip code, approximately 83% of households are homeowners which indicates that there is a lot of demand for housing here. This high demand likely contributes to the rapid increase in home equity values since most buyers are looking for properties that they can afford and feel confident about owning. Another important factor to consider when assessing home equity is whether or not interest rates are going to rise over time. In general, interest rates tend to go up when inflation rates rise so it’s important for homeowners to keep track of both variables if they want to maximize their return on investment (ROI).