October's First-Time Homebuyer Report for 78061 Zip Code

The population of the 78061 zip code is growing slower than the rest of Texas, at a 10-year growth rate of 13.0%. It's an average-sized zip code compared to the rest of the state, with 11,041 residents. With a median age of 35 years, homes in the 78061 zip code tend to be relatively old.

Culture

Recommended places to eat, according to Foursquare, in 78061 include Cowpokes Bbq, Hungry Hunter, and Garcia's Bar & Grill. For shopping, you might enjoy H-E-B. And finally, Frio River is a frequently visited outdoor spot.

Price Range

The median value of homes in the 78061 zip code is $52,500, making it one of the lower priced areas in Texas. At the same time, the average list price of available homes is presently $121,599. The 78061 zip code market saw sales remain flat this week with one home sold over the last 30 days, while new listings spiked to three.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 78061 zip code:

$180K  

Typical Dwelling

A three-bedroom detached home valued around $121,397 is considered a typical dwelling in the 78061 zip code. If a buyer was looking for a similar home, they would need good credit and a $24,279 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $534 and the property tax rate is $15.04 per $1,000 of taxable assessed value.

Get started right now by checking out 78061 homes for sale or reviewing 78061 real estate trends.


Data reported through 10/13/2016

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