79605, Abilene, TX

Home Equity and Home Prices in the 79605 Zip Code of Abilene, TX

The zip code of 79605 has a median home value of $128,000. This is lower than the state median home value of $177,500 and the national median home value of $175,800. The percentage of homes in this zip code that are valued at less than $100,000 is high compared to other zip codes in Texas. The percentage of homes in this zip code that are valued at more than $200,000 is also high when compared to other zip codes in Texas.

The average home price per square foot in this zip code is lower than the state average and the national average. This could be due to a number of factors including low demand for housing stock or a lack of available inventory.

There are a number of reasons why homeowners might want to consider selling their home equity or purchasing a new home with equity. For some homeowners, they may need money for an emergency or unexpected expense. For others, they may want to downsize or move to a different location within their same county or state. Regardless of the reason, it can be helpful to have some idea about how much equity (or debt) you currently have in your home and what kind of price range you might be able to afford without taking on additional debt.