October's First-Time Homebuyer Report for 78217 Zip Code

The 78217 zip code has an older population than other areas in Texas with a median age of 35 years. It is also affluent with a median income of $49,542 per household. Detached homes account for 78% of the area's current housing market. The top schools in the zip code are Huebner Elementary School, Bush Middle School, and International School of America.

Price Range

The housing prices of the 78217 zip code are close to the state average with a median home value of $110,000 and a current average list price of $157,124. Over the last 30 days, the 78217 zip code market showed strong improvement with 20 homes sold. It marks a 17.6% increase from last week's report, while also closing in on the average sales volume for the prior 12 months.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 78217 zip code:

$2M   $175K   $160K  

Typical Dwelling

The typical dwelling in the 78217 zip code is a three-bedroom detached home worth about $156,789. To purchase a similar home, a buyer with good credit and a $31,358 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,041 monthly payment. The property tax rate is $19.31 per $1,000 of taxable assessed value.

Get started right now by checking out 78217 homes for sale or reviewing 78217 real estate trends.

Data reported through 10/13/2016


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