75416 Zip Code Real Estate Market Extends Weakness in Price Cuts

Over the past 30 days, there have been fewer price cuts in the 75416 zip code market, continuing a six-week declining trend to land at zero. However, home sales remained flat with one over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Potential buyers should note that prices are coming down in the 75416 zip code, and for this period the median sales price slid from $45,000 to $16,400. The 75416 zip code is a solid buyer's market, due to a big 10 months of inventory left and aided by the flat sales.

You can be the one to discover a gem in the 75416 zip code by checking out these new listings:

$119K   $259K   $149K  

Get started right now by checking out 75416 homes for sale or reviewing 75416 real estate trends.

Demographic facts for the 75416 zip code:

  • The population has increased 26.7% over the past decade.
  • The safety rating in this area is 69. (Scale: 1 = Worst, 100 = Best)
  • The average commute to work for people in this area is 23 minutes.

Data reported through 10/13/2016

Comments:


©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.