$128K  
76055 is a less affluent than average zip code in Texas with a median income of $40,998 per household. The population is also considered older than most with a median age of 36 years. With an ownership ratio of 65.8%, most people in the 76055 zip code are homeowners. Heading the list of top schools in the zip code is Covington School.
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$128K  
The number of price cuts in the 76055 zip code market climbed to three over the last 30 days, furthering a solid positive trend. Even with the drops in list prices, sales remained the same with six homes sold. Pricing in the 76055 zip code remains consistent from last week to this week, with the median sales price at $3,500 again.
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$599K  
Over the last 30 days, the 76055 zip code market showed strong improvement with five homes sold. It marks a 400.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, the 76692 zip code reported 30 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 76055 zip code, and this period the median price of all sales fell from $495,000 to $3,500.
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$1.1M  
The 76055 zip code market remained soft this week as sales slid 50.0% to land at one home sold over the last 30 days. Within the same time frame, the 76692 zip code had 23 sales, the most of all zip codes in the area. The median sales price jumped to $495,000 over the latest reporting period for the 76055 zip code, up from $392,000. The 76055 zip code is a solid buyer's market, due to a big 26 months of inventory left and aided by the dip in sales.
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$128K  
The number of sellers reducing prices in the 76055 zip code market trended up to one over the last 30 days, extending a three-week streak. During the same period, two sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price rose dramatically to $392,000, up from last week's $289,000. Even after the uptick in sales, an elevated 13 months of inventory tells us that the 76055 zip code is still a definite buyer's market.
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$749K  
Over the last 30 days, a new upward trend of new sellers coming into the 76055 zip code market continued, with seven listings in this week's report. Meanwhile, sales have fallen, with one home selling during the same period. The median sales price jumped to $289,000 over the latest reporting period for the 76055 zip code, up from $204,200. Along with the slip in sales, a relatively high 28 months of inventory indicates that the 76055 zip code is a strong buyer's market.
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$120K  
76055 is a smaller-than-average zip code in Texas with 2,896 residents. Its population is also growing slightly faster than others at a 10-year growth rate of 29.1%. The 76055 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The top school in the zip code is Covington School.
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$120K  
The 76055 zip code market broke below its 12-month average sales volume this week as sales slid 33.3% to hit two homes sold over the last 30 days. On the other hand, the close-by 76009 zip code registered 21 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose dramatically to $204,200, up from last week's $119,400. The 76055 zip code is a solid buyer's market, due to a big 13 months of inventory left and aided by the dip in sales.
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$749K  
Over the last 30 days, the number of homes sold in the 76055 zip code rose to three. While the sales increased, the amount of pending transactions also trended upward, reaching a total of two during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Prices are rising in the 76055 zip code, and the median sales price this period increased from $104,650 to $119,400. The 76055 zip code is a still strong buyer's market, in spite of the rising contracts numbers, due to the availability of nine months of remaining inventory.
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$120K  
The 76055 zip code market is experiencing a prolonged pullback but sales stood their ground this week at two homes sold over the last 30 days. The median sales price of all transactions in the 76055 zip code did not budge this week, remaining at $104,650. With a downward trend in sales numbers and 12 months of inventory still left to work through, the 76055 zip code is a definite buyer's market.
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