76118 Zip Code Real Estate Market Continues Downward Trend in Price Cuts

Sales in the 76118 zip code market inched up to 25 homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with five price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price dropped to $194,817, down from last week's $194,908. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that the 76118 zip code is a definite seller's market.

Want a home with a large living space in the 76118 zip code? Start your search with these listings that provide the most in the area:

$899K   $275K   $329K  

Get started right now by checking out 76118 homes for sale or reviewing 76118 real estate trends.

Demographic facts about the 76118 zip code:

  • The median value of all homes in the area is $123,900.
  • The area gets 68 rainy days a year. (U.S. average: 100)
  • The unemployment rate for this area is 7.4%.
  • There are 15.8 students for every teacher. (15.3 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Justin Henry Real Estate Advisors LLC
43 reviews
Century 21 Mike Bowman
Snapped 3 homes in this area
TruWest Realty, Inc.
Snapped 2 homes in this area

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