79718, Balmorhea, TX

Home Equity and Home Prices in the 79718 Zip Code of Balmorhea, TX

The home equity and home prices in the 79718 zip code of Balmorhea, TX are quite high. The median home value in this zip code is $224,000, which is significantly higher than the statewide median home value of $151,000. Additionally, the percentage of homes that are worth more than their original purchase price is also high in this zip code. For example, approximately 54% of homes in this zip code are worth more than their original purchase price. This compares to a statewide average of 33%. These high values may be due to the excellent schools and amenities available in this area or they may be indicative of an overall healthy housing market. Regardless, it is clear that homeownership rates and home equity values in this zip code are high.