78224 Zip Code Real Estate Market Continues Weakening in Home Sales

A six-week rough patch for the overall sales trend continues in the 78224 zip code market, with the number of sales staying even at two over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Potential buyers should note that prices are coming down in the 78224 zip code, and for this period the median sales price slid from $84,819 to $74,819. A downturn in sales, coupled with the availability of 14 months of inventory, prove that the 78224 zip code is a definite buyer's market.

If price is the most important factor in your decision, these are some inexpensive homes being listed in the 78224 zip code:

$105K   $110K   $125K  

Get started right now by checking out 78224 homes for sale or reviewing 78224 real estate trends.

Demographic facts about the 78224 zip code:

  • The rating for this area for population growth is 72. (Scale: 1 = Worst, 100 = Best)
  • This area has a property tax of $19.31/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (16.6%), 15-29 min (46.1%), 30-44 min (26.1%), 45-59 min (6.9%), >60 min (4.3%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Texas Elite Realty
Snapped 1 home in this area
The Hometeam C
Snapped 1 home in this area
Better Homes And Gardens Bradfield Properties
Snapped 1 home in this area

©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.