79744, Iraan, TX

The Iraan zip code 79744 has a population of just over 2,000 people and an average home value of just over $150,000. The median home value in the Iraan zip code is $128,500 which is significantly higher than the national median home value of $157,500. The high home values in the Iraan zip code are likely due to the close proximity to Houston and Austin which are both highly populated metropolitan areas.

Home equity is important for many reasons. It can provide a cushion against unexpected financial setbacks such as job loss or medical expenses, and it can also be used to pay down debt or invest in other assets. Home equity growth has been historically strong in most parts of the country, and this trend is likely to continue in the Iraan zip code 79744. According to Zillow’s latest report on U.S. housing markets, the nationwide average annual growth rate for home values was 4.1% from January 2016 through January 2017. In Texas, the statewide average annual growth rate was 3%. Based on these figures, it is safe to assume that home values will continue to grow rapidly in the Iraan zip code 79744 over the next few years.