79561, Trent, TX

The Trent, TX 79561 zip code has a population of around 36,000 people and is located in Williamson County. The median home value in the zip code is $153,000 which is significantly higher than the national median home value of $146,500. The percentage of homes in the zip code that are owned by individuals is significantly higher than the national average of 63%. Approximately 58% of homes in the Trent 79561 zip code are occupied by their owners while 42% are rented.

There has been a significant increase in home equity and home prices over the past several years in the Trent 79561 zip code. In 2007, the median home value was $120,000 which had increased to $153,000 by 2016. This represents an increase of 41%. Over this same period of time, the national median home value increased by only 12%. This indicates that there is a greater demand for housing within the Trent 79561 zip code than elsewhere within Williamson County and throughout Texas as a whole.

One reason for this increased demand may be due to factors such as low unemployment rates and an influx of new residents into Williamson County who are seeking quality housing options. Additionally, many homeowners have taken advantage of low interest rates to refinance their mortgages and have added additional equity to their homes over time. As long as these conditions continue to prevail (low unemployment rates and low interest rates), it is likely that home values will continue to rise in Trent 79561 zip code over time.