78016 Zip Code Real Estate Market Continues Downward Trend in Price Cuts

Sales in the 78016 zip code market rose to five homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with five price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Prices are falling in the 78016 zip code, and this period the median price of all sales fell from $133,500 to $117,000.

Trying to find a home in the 78016 zip code that offers more bedrooms? Then check out these listings that provide the most bedrooms in the area:

$179K   $179K   $211K  

Get started right now by checking out 78016 homes for sale or reviewing 78016 real estate trends.

Demographic facts about the 78016 zip code:

  • The median age of all homes is 28.
  • This area has an anticipated job growth rating of 64. (Scale: 1 = Worst, 100 = Best)
  • The average expenditures for each student in the area is $4,230. ($5,691 = national average)

Data reported through 10/12/2016

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