78705 Zip Code's January First-Time Homebuyer Report

With 27,656 residents, 78705 is a larger than average zip code in Texas. Also, with a 28.3% increase over the last 10 years, its population is growing faster than other parts of the state. Keep in mind, the vast majority of people in the 78705 zip code are renters, with 83.0% of the population renting their home. Leading the list of top schools in the zip code are Casis Elementary School, Hill Country Middle School, and Westlake High School.

Price Range

Homes in the 78705 zip code are generally more expensive than others in the state with a median home value of $191,000 and an average list price of $425,681. The 78705 zip code market is enjoying an extended upward trend, even as sales fell 16.7% this week to 15 homes over the last 30 days.

Out of all the listings in the 78705 zip code, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$289K   $1.2M   $590K  

Typical Dwelling

A two-bedroom condo valued around $286,162 is considered a typical dwelling in the 78705 zip code. If a buyer was looking for a similar home, they would need good credit and a $57,232 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,553 and the property tax rate is $18.26 per $1,000 of taxable assessed value.

Get started right now by checking out 78705 homes for sale or reviewing 78705 real estate trends.


Data reported through 1/12/2017

Comments:

Ask a local expert about this area:
J.B. Goodwin, REALTORS
2 reviews
GoodLife Team
Snapped 1 home in this area
Keller williams realty
Snapped 2 homes in this area

Agents that specialize in this area
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