75152, Palmer, TX

The Palmer, TX zip code 75152 has a population of around 20,000 people. The median household income in the zip code is $59,000, and the median home value is $183,500. The home equity and home prices in the Palmer zip code are both high compared to other areas of Texas.

One reason for this high home equity and home prices in the Palmer zip code is that there are a lot of affluent residents living in the area. Many wealthy individuals choose to live in Palmer because it is close to major cities like Dallas and Houston, but it also has a relaxed lifestyle that many people find appealing. Additionally, many homes in Palmer were built before 1978 which means they are exempt from property taxes. This makes homes in Palmer much more affordable than homes located in some other parts of Texas.

Another factor contributing to the high home equity and home prices in the Palmer zip code is that there is a limited supply of properties available for sale. This means that when someone wants to buy a property in this area, they have to act fast because there are usually few available options available. In addition, many homeowners who live in Palmer have been able to keep their properties values high by refinancing their mortgages multiple times over the past few years. This indicates that homeownership rates and demand for properties within the Palmer zip code remain strong overall.