Price Cuts Low Point in 79501 Zip Code Real Estate Market

The 79501 zip code market added another two transactions over the last 30 days. With three price reductions, the lowest amount since July, the market may be looking for a price bottom. When comparing other close-by zip codes within the same period, the most came from the 79602 zip code with 55 price reductions. The median sales price rose dramatically to $93,450, up from last week's $69,900. The 79501 zip code is still a strong buyer's market, even after the decrease in new listings, due to the large 14 months of inventory left.

Any of these new listings in the 79501 zip code could be your dream home, so be sure to check them out:

$130K   $182K   $120K  

Get started right now by checking out 79501 homes for sale or reviewing 79501 real estate trends.

Demographic facts for the 79501 zip code:

  • The median age of the population is 39 years old.
  • This area has a health cost index score of 96.1. (100 = national average)
  • The commute times can range from: <15 min (45.0%), 15-29 min (20.1%), 30-44 min (27.2%), 45-59 min (5.0%), >60 min (2.8%).

Data reported through 10/12/2016

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