$379K  
Sales inched up to two homes sold in the 79501 zip code market over the last 30 days. However, a confirmed downturn in the amount of pending transactions continued, with one completed in the same period. The median sales price dropped dramatically to $48,000 over the latest reporting period for the 79501 zip code, down from $72,000. Despite the uptick in sales, there are still 13 months of inventory left to work through, meaning the 79501 zip code is still a definite buyer's market.
Comments:

$255K  
In this week's report, the number of homes sold in the 79501 zip code market slid to one over the past 30 days, a decrease of 50.0% from last week's report. Within the same time frame, the 79602 zip code had 32 sales, the most of all zip codes in the area. The median sales price dropped dramatically to $72,000 over the latest reporting period for the 79501 zip code, down from $236,500. The 79501 zip code is a definite buyer's market, thanks to a big 27 months of inventory to choose from and a pullback in sales.
Comments:

$255K  
The 79501 zip code market saw sales remain flat this week with two homes sold over the last 30 days and new listings also remain flat at four. The median sales price in the 79501 zip code stayed put this week at $236,500. Along with flat sales, a relatively high 14 months of inventory indicates that the 79501 zip code is a definite buyer's market.
Comments:

$238K  
With 3,509 residents, 79501 is an average-sized zip code in Texas. Also, with a 2.8% decrease over the last 10 years, its population is growing slower than other parts of the state. The 79501 zip code market is almost exclusively made up of detached houses, which currently account for 94% of the homes for sale in the area.
Comments:

$120K  
Home sales in the 79501 zip code market remained slow in this week's report as they slid 33.3% to two homes sold over the last 30 days. Within the same time frame, the 79602 zip code had 39 sales, the most of all zip codes in the area. Prices are rising in the 79501 zip code, and the median sales price this period increased from $69,900 to $236,500. The 79501 zip code is a strong buyer's market, thanks to a big 13 months of inventory to choose from and a pullback in sales.
Comments:

$120K  
The 79501 zip code market saw sales remain flat this week with three homes sold over the last 30 days, while new listings rose to five. The median sales price of all transactions in the 79501 zip code did not budge this week, remaining at $69,900. With no movement in sales and the availability of nine months of inventory, the 79501 zip code is a strong buyer's market.
Comments:

$120K  
Over the last 30 days, the 79501 zip code market showed healthy signs with three homes sold, closing in on the average sales volume for the prior 12 months. In comparison, the nearby 79602 zip code had 40 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $69,900 over the latest reporting period for the 79501 zip code, down from $93,450. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 79501 zip code is still a definite buyer's market.
Comments:

$385K  
With two homes sold in the 79501 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with three new listings for buyers to choose from. The median sales price of homes sold came in at $93,450, which extended a price upswing to four weeks. Along with flat sales, a relatively high 12 months of inventory indicates that the 79501 zip code is a solid buyer's market.
Comments:

$238K  
The 79501 zip code has a cost of living adjustment score of 75.8, which is much less expensive when compared to others in Texas. Also, the area is considered much less affluent than average with a median income of $35,366 per household. The 79501 zip code is made up of homes that are considered older than most with a median of 49 years.
Comments:

$130K  
The number of homes coming into the 79501 zip code market shrank to three listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price in the 79501 zip code stayed put this week at $93,450. With no movement in sales and the availability of 13 months of inventory, the 79501 zip code is a definite buyer's market.
Comments:
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