78227 Zip Code's October First-Time Homebuyer Report

The 78227 zip code has a much older population than other areas in Texas with a median age of 29 years. It is also much less affluent than average with a median income of $34,581 per household. The 78227 zip code market almost exclusively consists of detached houses, accounting for 98% of the current homes in the area. The best schools in the zip code are Huebner Elementary School, Bush Middle School, and Health Careers High School.

Culture

If you are interested in some outdoor fun, Foursquare says that Planet Fitness and Warhawk Fitness Center are the most popular places in 78227. You might also try Arnold Hall Community Center and USAF Airmen Heritage Museum, a few popular destinations for entertainment. Lastly, Golden Wok, Dunkin Donuts, and Red Lobster are well-known places to eat.

Price Range

Home values in the 78227 zip code are generally in line with others in the state with a median home value of $78,800 and an average list price of $111,717. The 78227 zip code market broke below its 12-month average sales volume this week as sales dropped 22.2% to hit 21 homes sold over the last 30 days.

Curious as to which homes have been getting the most attention in the 78227 zip code? These listings have stirred up interest and produced the most views:

$124K   $111K   $105K  

Typical Dwelling

The typical dwelling in the 78227 zip code is a three-bedroom detached home worth about $107,283. To purchase a similar home, a buyer with good credit and a $21,457 cash down payment could obtain a mortgage with a 3.95% interest rate and a $662 monthly payment. The property tax rate is $19.31 per $1,000 of taxable assessed value.

Get started right now by checking out 78227 homes for sale or reviewing 78227 real estate trends.


Data reported through 10/13/2016

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