79902 Zip Code's October First-Time Homebuyer Report

The 79902 zip code is older than the rest of Texas, with a median age of 36. It's much less affluent than average as well, with a median income of $27,058 per household. The 79902 zip code market primarily consists of detached houses, accounting for 82% of the current homes in the area. The best school in the zip code is Silva Health Magnet.

Culture

If you are interested in some outdoor fun, Foursquare says that Madeline Park and Tom Lee Park are the most popular places in 79902. If you're looking for some recommended attractions, local favorites are The Lowbrow Palace and UTEP Union Dinner Theatre. Lastly, Crave Kitchen & Bar, Chipotle Mexican Grill, and GeoGeske are well-known places to eat.

Price Range

The 79902 zip code has some of the more expensive homes in the state with a median home value of $134,400 and a current average list price of $177,862. On top of a 26.7% rise in sales over the last 30 days, the 79902 zip code market extended a three-week hot streak with a total of 19 homes sold in that span.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 79902 zip code:

$799K   $625K   $234K  

Typical Dwelling

A three-bedroom detached home valued around $204,551 is considered a typical dwelling in the 79902 zip code. If a buyer was looking for a similar home, they would need good credit and a $40,910 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,225 and the property tax rate is $20.70 per $1,000 of taxable assessed value.

Get started right now by checking out 79902 homes for sale or reviewing 79902 real estate trends.


Data reported through 10/13/2016

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