77042 Zip Code First-Time Homebuyer Report for January

With 39,269 residents, 77042 is a larger than average zip code in Texas. Also, with a 0.1% increase over the last 10 years, its population is growing faster than other parts of the state. The 77042 zip code is an area where most people lease the homes they live in, with a renting ratio of 64.1%. The top schools in the zip code are Tice Elementary School, Cornerstone Academy, and Kerr High School.

Price Range

The median value of homes in the 77042 zip code is $253,800, making it one of the most valuable areas in Texas. At the same time, the average list price of available homes is presently $402,731. Over the last 30 days, six homes were sold in the 77042 zip code market, down 40.0%. Additionally, the market is still in a confirmed downward trend overall.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 77042 zip code:

$112K   $799K   $457K  

Typical Dwelling

The typical dwelling in the 77042 zip code is a four-bedroom detached home worth about $543,933. To purchase a similar home, a buyer with good credit and a $108,787 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,208 monthly payment. The property tax rate is $20.09 per $1,000 of taxable assessed value.

Get started right now by checking out 77042 homes for sale or reviewing 77042 real estate trends.


Data reported through 1/12/2017

Comments:

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Connect Realty.com
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Berkshire Hathaway HS Andersin Properties
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