New Downward Trend in Contracts for 77506 Zip Code Real Estate Market

The 77506 zip code market saw eight homes go under contract and failed to break out of a budding downward trend. Along with that, total home sales fell to six over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price climbed to $97,500 over the latest reporting period for the 77506 zip code, up from $88,937. There are only two months of inventory available in the 77506 zip code, so it's still definite seller's market, even with the shrinking contracts numbers.

Any of these new listings in the 77506 zip code could be your dream home, so be sure to check them out:

$122K   $135K   $175K  

Get started right now by checking out 77506 homes for sale or reviewing 77506 real estate trends.

Demographic facts for the 77506 zip code:

  • The average age is 27 years old for the population in this area.
  • This area has a health cost index score of 95.6. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (21.6%), 15-29 min (42.6%), 30-44 min (21.6%), 45-59 min (6.8%), >60 min (7.4%).

Data reported through 10/12/2016

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