76016 Zip Code Real Estate Market Extends Weakening in Contracts

Over the last 30 days, the 76016 zip code market had a lift in home sales with 39. But as sales edged up, the number of pending transactions continued to decline, with a total of 25 contracts during the same period. The median sales price dropped to $199,950 over the latest reporting period for the 76016 zip code, down from $222,500. With just two months of inventory available and sales going up, the 76016 zip code is a definite seller's market.

If you're looking for a more established home, then be sure to see these listings in the 76016 zip code that were built before most others in the market:

$259K   $1.8M   $179K  

Get started right now by checking out 76016 homes for sale or reviewing 76016 real estate trends.

Demographic facts about the 76016 zip code:

  • The median age of all homes in the area is 28 years old.
  • The average snowfall is 2.3 inches per year. (U.S. average: 25)
  • The job growth rating in this area is 76. (Scale: 1 = Worst, 100 = Best)
  • This area has an average school expenditure per student of $4,326. ($5,691 = national average)

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Justin Henry Real Estate Advisors LLC
43 reviews
Mersal Realty
Snapped 97 homes in this area
Gharbieh + Associates
Snapped 1 home in this area

Agents that specialize in this area
1 snap in this area
25 snaps in this area
5 snaps in this area
1 snap in this area
1 snap in this area
1 snap in this area
1 snap in this area
4 snaps in this area
7 snaps in this area
3 snaps 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.