January's First-Time Homebuyer Report for 78240 Zip Code

The population of the 78240 zip code is affluent compared to others in Texas with a median income of $47,883 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 90.6. The 78240 zip code is made up of homes that are of moderate age with a median of 22 years. The top schools in the zip code are Huebner Elementary School, Bush Middle School, and International School of America.

Culture

If you're looking to explore the best restaurants in 78240, then check out Chick-fil-A Medical Center, SONIC Drive In, and Luby's, Foursquare's most popular places to eat. You might also try Bandera Bowling Center, a popular place to get a drink. And a good place to get a cup of coffee is Sultan Cafe.

Price Range

Homes in the 78240 zip code are generally more expensive than others in the state with a median home value of $127,400 and an average list price of $180,988. Over the last 30 days, the sale of 27 homes took place in the 78240 zip code market. This shows a 20.6% drop from the prior period but the area remains on an emerging upward trend.

Out of all the listings in the 78240 zip code, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$104K   $245K   $162K  

Typical Dwelling

The typical dwelling in the 78240 zip code is a three-bedroom detached home worth about $174,184. To purchase a similar home, a buyer with good credit and a $34,837 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,048 monthly payment. The property tax rate is $19.31 per $1,000 of taxable assessed value.

Get started right now by checking out 78240 homes for sale or reviewing 78240 real estate trends.


Data reported through 1/12/2017

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