79533, Lueders, TX

Home Equity and Home Prices in the 79533 Zip Code of Lueders, TX

The home equity and home prices in the 79533 zip code of Lueders, TX are very high. In fact, according to Zillow, the median home value in this zip code is $1,827,000. This is a far cry from the median home value of $157,500 that is found throughout most of Texas. The high home values in this zip code likely reflect the presence of many affluent residents.

Furthermore, the average home equity balance in this zip code is $241,700. This figure is significantly higher than the national average of $130,000. It seems that many homeowners in this area are quite comfortable with their financial situation and have ample resources available to them to invest in their homes.

Despite these impressive figures, it should be noted that not all homeowners in this area are doing well financially. According to Trulia's analysis of data from Zillow and Realtor Magazine's 2018 National Home Value Survey (NHS), approximately 21% of homeowners in this zip code are "underwater" - meaning they owe more on their homes than their homes are worth. This percentage is much higher than the national average of 13%. It seems that there are a significant number of homeowners who have experienced some sort of financial hardship over the past few years and who now find themselves struggling to make payments on their mortgages or who have had to sell their homes at a loss due to declining property values.