75065, Lake Dallas, TX

The 75065 zip code of Lake Dallas, TX has a median home value of $224,000 and a median home equity value of $137,000. The average home price in the 75065 zip code has increased by 9.5% over the past year and is projected to increase by an additional 6.8% in the next year. This growth is due to strong demand for homes in the area as well as limited supply.

Lake Dallas is a growing community that is experiencing rapid population growth. The population of Lake Dallas grew by 7% from 2010 to 2015 and is projected to grow by an additional 10% over the next five years. This growth will result in increased demand for housing and increased prices for homes in the area.

The majority of homeowners in the 75065 zip code are owner-occupants who have been living in their homes for more than five years. Homeownership rates are high compared to other areas of Texas, and this trend is likely due to the strong demand for housing in Lake Dallas and its surrounding communities.

Homeowners who are considering selling their homes should be aware that they may be able to receive a higher price if they wait until their home values have increased significantly (by at least 10%). Additionally, homeowners who are looking to purchase a home should be aware that there are limited inventory options available at current prices, which may lead to long wait times for properties that become available.