79381, Wilson, TX

Home Equity and Home Prices in the 79381 Zip Code of Wilson, TX

The 79381 zip code of Wilson, TX has a median home value of $158,000. This is lower than the statewide median home value of $217,500. The majority of homes in this zip code are owner-occupied. Home equity is important to many homeowners in this area because it can provide them with a cushion against unexpected expenses or losses in their investments. In addition, homeowners may use their home equity to finance additional purchases or improvements to their homes.

Home prices have been on the rise in the 79381 zip code over the past few years. The average sale price for homes within this zip code was $167,000 as of May 2017. This represents an increase from the average sale price of $157,000 recorded during March 2017. Over the past twelve months, sales have increased by 8%.

While there are some areas within this zip code where home values are higher than others, overall prices appear to be increasing faster in some areas than others. For example, sales prices for homes located east of I-35 have seen slower growth over the past year while those located west of I-35 have seen more rapid growth.

Given that home values and sales rates vary greatly within this zip code it is important for buyers and sellers to do their research before making any decisions about purchasing or selling a home here.