75078 Zip Code's October First-Time Homebuyer Report

The 75078 zip code is older than the rest of Texas, with a median age of 34. It's very affluent as well, with a median income of $87,418 per household. The 75078 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. Leading the list of best schools in the zip code are R Steve Folsom Elementary School, Lorene Rogers Middle School, and Celina High School.

Culture

According to Foursquare, if shopping is your thing, you might enjoy CVS / Pharmacy and Kroger Marketplace. Great outdoor attractions are Frontier Park and PAC Fitness. You could also try out the popular Cotton Gin Cafe, Ernesto's, and Sonic Drive-in if you dine out.

Price Range

The median value of homes in the 75078 zip code is $311,900, making it one of the most valuable areas in Texas. At the same time, the average list price of available homes is presently $504,134. In this week's report, the number of homes sold in the 75078 zip code market fell to 47 over the past 30 days. It marked a decrease of 6.0% from last week's report and another period below the monthly average.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 75078 zip code:

$12.8M   $564K   $585K  

Typical Dwelling

The typical dwelling in the 75078 zip code is a four-bedroom detached home worth about $490,096. To purchase a similar home, a buyer with good credit and a $98,019 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,645 monthly payment. The property tax rate is $19.83 per $1,000 of taxable assessed value.

Get started right now by checking out 75078 homes for sale or reviewing 75078 real estate trends.


Data reported through 10/13/2016

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