Contracts Bottom in 76401 Zip Code Real Estate Market

The 76401 zip code market seems to be nearing a low, as the number of contracts executed fell to 13, the lowest levels since January. Meanwhile, sales came in at 32 homes sold over the last 30 days. During the same time frame, 76446 had the most of any other neighboring zip codes with nine contracts executed. However, a three-week upward trend in price reductions is expected to come to an end over the coming weeks. Potential buyers should note that prices went up in the 76401 zip code, with the median for this period rising from $160,000 to $169,552. Even after the uptick in sales, an elevated seven months of inventory tells us that the 76401 zip code is still a definite buyer's market.

Price reductions for these listings in the 76401 zip code make it a perfect time to take a look:

$895K   $1.2M   $489K  

Get started right now by checking out 76401 homes for sale or reviewing 76401 real estate trends.

Demographic facts about the 76401 zip code:

  • The total number of vacant homes in the area is 12.8%.
  • The area gets 229 sunny days a year. (U.S. average: 205)
  • The student-to-librarian ratio is 622:1. (803:1 = national average)

Data reported through 10/12/2016

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