75497 Zip Code Real Estate Market Sees Home Sales Decline

The 75497 zip code market pulled back this week but was still better than normal as sales fell 11.1% to eight homes sold over the last 30 days. Meanwhile, the 75482 zip code reported 23 home sales, the highest number from all the surrounding zip codes. Months of inventory is on a four-week downward trend, this week hitting 15 months. With decreasing sales and the availability of so much inventory, the 75497 zip code is a definite buyer's market.

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Demographic facts for the 75497 zip code:

  • The average age of houses in this area is 23 years old.
  • The rating in which jobs are expected to grow is 67. (Scale: 1 = Worst, 100 = Best)
  • The average expenditures for each student in the area is $4,867. ($5,691 = national average)

Data reported through 10/12/2016

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