79538, Novice, TX

Novice, TX is located in Williamson County and has a population of approximately 9,000. The median household income in Novice is $64,000 and the median home value is $156,000. Home equity in Novice has increased by an average of 10% over the past five years.

The 79538 zip code has seen a significant increase in home equity since 2013. In 2013, the home equity in this zip code was $128,000. Five years later, the home equity has increased to $156,000. This increase is largely due to an increase in prices for homes within this zip code. Over the past five years there have been an average of 2% increases each year for homes within this zip code.

While there are many factors that contribute to changes in home values (such as market conditions and local government policies), one important factor is homeownership rates. In Novice, homeownership rates have remained relatively stable over the past few years at around 68%. This means that more people are buying homes rather than renting them which leads to an increase in home values.