January's First-Time Homebuyer Report for 79922 Zip Code

The population of the 79922 zip code is very affluent compared to others in Texas with a median income of $73,255 per household. It's also considered a very expensive zip code in terms of affordability with a cost of living adjustment score of 117.4. With a median age of 34 years, homes in the 79922 zip code tend to be relatively old. The top school in the zip code is Silva Health Magnet.

Culture

If you are interested in the good places to eat in 79922, Foursquare says that The State Line Bar-B-Q, P.F. Chang's, and Olive Garden are the most popular restaurants. You might also try The Hoppy Monk, a popular place to get a drink. Lastly, Corner Bakery Cafe is a well-known place to get some coffee.

Price Range

The 79922 zip code has some of the more expensive homes in the state with a median home value of $282,400 and a current average list price of $279,918. The 79922 zip code market closed in on its 12-month sales average this week as sales rose 16.7% to reach seven homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 79922 zip code:

$299K   $399K   $415K  

Typical Dwelling

A four-bedroom detached home valued around $384,714 is considered a typical dwelling in the 79922 zip code. If a buyer was looking for a similar home, they would need good credit and a $76,943 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,208 and the property tax rate is $20.70 per $1,000 of taxable assessed value.

Get started right now by checking out 79922 homes for sale or reviewing 79922 real estate trends.


Data reported through 1/12/2017

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ERA Sellers Buyers And Associates
Snapped 13 homes in this area
Cornerstone Realty
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Prudential Bkb, Realtors
Snapped 2 homes in this area

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