79330, Justiceburg, TX

Justiceburg, TX is located in the 79330 zip code. According to the 2016 American Community Survey, the median household income in this zip code is $61,500. The median home value in this zip code is $142,000.

As of September 2017, there were a total of 2,827 homes for sale in the 79330 zip code. Of these homes, 1,814 were single family homes and 581 were condos or apartments. The majority (1,564) of homes for sale were located in Justiceburg itself. There was also a significant number of homes for sale located within close proximity to Justiceburg (within a 10-mile radius): 848 within a 5-mile radius and 287 within a 3-mile radius.

Based on these figures it can be assumed that the majority of people living in Justiceburg are homeowners. Homeownership rates have been on the rise over recent years: as of September 2017 homeownership rates were at 66%. This is up from 59% as of September 2016 and 53% as of September 2015. It's likely that this increase is due to low interest rates and increasing demand for housing stock; both factors which have helped to boost prices across the board (both home values and mortgages).

While homeownership rates are high in Justiceburg – especially when compared to other areas of Texas – it's important to keep in mind that not everyone living here is able or willing to purchase a home outright. In fact, according to Zillow's Housing Trends report for August 2017 – released just prior to this study – 27% of households living in Justiceburg are renters (which includes those who own their home but rent out part or all of it). This figure is significantly higher than the national average (~16%). It seems that while homeownership rates are high here, there's still room for growth – especially when it comes to attracting more renters into the market!