75116 Zip Code Real Estate Market Continues Downward Trend in Price Cuts

Over the past 30 days, there have been fewer price cuts in the 75116 zip code market, continuing a six-week declining trend to land at six. Home sales were also down to seven 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. The median sales price in the 75116 zip code stayed put this week at $119,000. In spite of the decrease in sales, a low three months of inventory signals that the 75116 zip code is a seller's market.

Looking for a more classic home in the 75116 zip code? These are older homes currently available in the market:

$119K   $112K   $140K  

Get started right now by checking out 75116 homes for sale or reviewing 75116 real estate trends.

Demographic facts about the 75116 zip code:

  • The average age of the population is 33 years old.
  • The health cost index score in this area is 100.0. (100 = national average)
  • The commute times can range from: <15 min (27.6%), 15-29 min (28.4%), 30-44 min (27.0%), 45-59 min (10.4%), >60 min (6.6%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Keller Williams
4 reviews
Star Property Locators
Snapped 1 home in this area
Abbie Castle
Snapped 5 homes in this area

Agents that specialize in this area
2 snaps in this area
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6 snaps in this area
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