October's First-Time Homebuyer Report for 77587 Zip Code

77587 is a zip code that is growing faster than others in Texas at a 10-year growth rate of 9.5%. It also has a larger than average population of 16,867 people. The 77587 zip code is made up of homes that are older than most with a median of 41 years. The top school in the zip code is Pearl Hall Elementary School.

Price Range

The housing prices of the 77587 zip code are close to the state average with a median home value of $81,500 and a current average list price of $111,552. Sales numbers in the 77587 zip code market remain the same with two homes over the last 30 days and the market still shows a solid trend downward overall.

Curious as to which homes have been getting the most attention in the 77587 zip code? These listings have stirred up interest and produced the most views:

$108K   $119K   $135K  

Typical Dwelling

A three-bedroom detached home valued around $114,320 is considered a typical dwelling in the 77587 zip code. If a buyer was looking for a similar home, they would need good credit and a $22,864 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $821 and the property tax rate is $20.09 per $1,000 of taxable assessed value.

Get started right now by checking out 77587 homes for sale or reviewing 77587 real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
ZipRealty Inc 281-685-9326 (kelvin.okunonke@ziprealty.com)http://www.ziprealty.com/agent/kokunonke?referredByAgent=kokunonke
Snapped 1 home in this area
Realty Pros of Texas
Snapped 3 homes in this area

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