January's First-Time Homebuyer Report for 78732 Zip Code

The population of the 78732 zip code is very affluent compared to others in Texas with a median income of $112,952 per household. It's also considered a very expensive zip code in terms of affordability with a cost of living adjustment score of 139.4. With a median age of seven years, homes in the 78732 zip code tend to be quite new. The best schools in the zip code are Casis Elementary School, Hill Country Middle School, and Westlake High School.

Culture

If you are interested in the top stores to shop in 78732, Foursquare says that Randalls, Quinlan Crossing, and Glamour Nails are the most popular places to buy a few things. Great outdoor attractions are Mansfield Dam Park and University of Texas Golf Club. Lastly, Steiner Ranch Steakhouse, Cho Sushi, and Lakeside Pizza And Grill are well-known places to eat.

Price Range

The 78732 zip code has some of the more expensive homes in the state with a median home value of $390,600 and a current average list price of $682,953. In this week's report, the number of homes sold in the 78732 zip code market dropped to 12 over the past 30 days, a decrease of 29.4% from last week's report.

Out of all the listings in the 78732 zip code, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$6.2M   $440K   $7.8M  

Typical Dwelling

A four-bedroom detached home valued around $529,419 is considered a typical dwelling in the 78732 zip code. If a buyer was looking for a similar home, they would need good credit and a $105,884 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,341 and the property tax rate is $18.26 per $1,000 of taxable assessed value.

Get started right now by checking out 78732 homes for sale or reviewing 78732 real estate trends.


Data reported through 1/12/2017

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Atlas Realty
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