78616 Zip Code Real Estate Market Sees Sales Down

While home sales in the 78616 zip code market have been above average, in this week's report they dropped 20.0% to four homes sold over the last 30 days. In comparison, the nearby 78640 zip code had 77 sales in the same time frame, the most of all neighboring zip codes. Months of inventory in the 78616 zip code shot up to four but prices came down, as the median sales price dropped to $155,500.

Make sure you take a look at these eye-catching homes in the 78616 zip code that generated the most views from potential buyers:

$375K   $160K   $499K  

Get started right now by checking out 78616 homes for sale or reviewing 78616 real estate trends.

Demographic facts for the 78616 zip code:

  • This area has a median house value of $63,600.
  • This area usually gets 64 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 7.7%.
  • The student-to-teacher ratio is 13.8:1. (15.3:1 = national average)

Data reported through 10/12/2016

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.