79350, New Deal, TX

The home equity and home prices in the 79350 zip code of New Deal, TX are quite high. The median home value in this zip code is $236,000, which is more than double the national median home value of $106,500. Additionally, the percentage of homes in this zip code that are worth more than $250,000 is also high at 27%. This indicates that there are a lot of wealthy homeowners in this area.

One reason for the high home values and percentage of homes worth more than $250,000 in this zip code may be because New Deal is located near several affluent suburbs such as Sugar Land and Houston. These suburbs have a large population of wealthy homeowners who may be able to afford to buy or build a larger home than would be typical in other parts of the country. Additionally, New Deal has a good job market with many well-paying jobs available. This may help to attract wealthier people to live in this area and increase the demand for homes here.

Despite the high values and percentage of homes worth more than $250,000, there are still many affordable homes available in New Deal. The median price for a single familyhome in this zip code is just under $200,000 which makes it relatively affordable compared to other areas around Houston. Additionally, there are plenty of neighborhoods within New Deal that offer good quality housing at reasonable prices. So even if you can't afford to buy a house outright, you should still be able to find an affordable place to live within this area.