79563, Tye, TX

The Tye, TX zip code 79563 has a population of approximately 4,000 people. The median household income in this zip code is $92,000. The median home value in this zip code is $225,000.

Home equity and home prices are important factors to consider when purchasing a home. Home equity is the difference between the market value of a home and the amount of money that a homeowner owes on their mortgage. Home prices are based on many factors including location, size, amenities, and condition of the property.

In the Tye zip code 79563, there are currently 6 homes for sale and 5 homes for rent. There has been an increase in home sales over the past year (+5%) and an increase in home rentals (+8%). Over the past five years there has been an overall increase in home values (+21%). This indicates that there is strong demand for housing in this area and that people are able to afford to buy or rent homes at reasonable prices.

There have been some concerns raised about rising home values in certain areas of Texas due to low supply and increasing demand from buyers who may not be able to qualify for a traditional loan due to high credit scores or poor credit history. While it's important to keep in mind that any decision to purchase or rent a property should be made with caution, it appears that overall homeownership rates remain high which suggests that most people who want to buy or rent a property can do so without difficulty.