$245K  
79562 is an average-sized zip code in Texas with a population of 3,744 residents, and it has a lower than average density compared to the rest of the state, with 28.0 people per square mile. Keep in mind, most people in the 79562 zip code own their homes, with a 79.0% ownership ratio.
Comments:

$179K  
Over the last 30 days, a new upward trend of new sellers coming into the 79562 zip code market continued, with 22 listings in this week's report. Meanwhile, sales have inched up as well, with eight homes selling during the same period. New listings numbers should rise over the next few weeks as well with all signs pointing to a continuation of the existing trend. Although the strong new listing numbers suggest otherwise, months of inventory is on a four-week downward trend, this week hitting 15 months. The 79562 zip code is still a definite buyer's market due to the availability of such a large amount of remaining inventory, even after the uptick in sales.
Comments:

$899K  
The 79562 zip code market saw sales decline 22.2% this week but it is currently in the midst of an emerging upward sales trend, including seven homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Prices are rising in the 79562 zip code, and the median sales price this period increased from $274,000 to $330,000. Along with the slip in sales, a relatively high 16 months of inventory indicates that the 79562 zip code is a definite buyer's market.
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$899K  
With nine homes sold in the 79562 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with 14 new listings for buyers to choose from. Prices are rising in the 79562 zip code, and the median sales price this period increased from $272,500 to $274,000. With no movement in sales and the availability of 12 months of inventory, the 79562 zip code is a strong buyer's market.
Comments:

$114K  
The number of home sales in the 79562 zip code market rose 28.6% to nine homes over the last 30 days, coming close to the 9.3 monthly average for the last 12 months. To put it in perspective, the close-by 79602 zip code registered 39 homes sold in the same period, the most of all surrounding zip codes. Prices fell lower as this week's reported median sales price of $272,500 continued a four-week downward trend. The 79562 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 12 months of remaining inventory.
Comments:

$899K  
Over the past 30 days, there have been fewer price cuts in the 79562 zip code market, continuing a six-week declining trend to land at eight. Home sales were also down to seven over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price dropped to $272,500, down from last week's $273,250. Along with the slip in sales, a relatively high 16 months of inventory indicates that the 79562 zip code is a definite buyer's market.
Comments:

$238K  
The 79562 zip code has a cost of living adjustment score of 105.2, which is very expensive when compared to others in Texas. Also, the area is considered very affluent with a median income of $59,657 per household. The 79562 zip code is made up of homes that are considered relatively old with a median of 25 years.
Comments:

$375K  
Price reductions have decreased in the 79562 zip code market, reaching a low that hasn't been seen since August. With the market starting to get more expensive, there were eight homes sold over the last 30 days. During the same time frame, 79602 had the most of any other neighboring zip codes with 48 price reductions. Prices are falling in the 79562 zip code, and this period the median price of all sales fell from $273,450 to $273,250. Despite the uptick in sales, there are still 14 months of inventory left to work through, meaning the 79562 zip code is still a definite buyer's market.
Comments:

$899K  
More sellers put their homes up for sale in the 79562 zip code market over the last 30 days and the number of new listings climbed this week to 14. Home sales remained unchanged from the prior period and once again six homes were sold. Prices are rising in the 79562 zip code, and the median sales price this period increased from $267,400 to $273,450. The 79562 zip code is a definite buyer's market, thanks to a big 20 months of inventory to choose from and the flat sales.
Comments:

$114K  
Over the last 30 days, six homes were sold in the 79562 zip code market, up 50.0%. However, the market is still in a new downward trend overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Perhaps due to the sales numbers, months of inventory is on an eight-week upswing, this week hitting 19 months. Even after uptick in sales, such a large amount of remaining inventory tells us that the 79562 zip code is still a definite buyer's market.
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