78746 Zip Code Real Estate Market Slumps to Contracts Low Point

The 78746 zip code market seems to be nearing a bottom, as the number of contracts executed fell to 22, the lowest levels since last January. Meanwhile, sales came in at 21 homes sold over the last 30 days. In comparison, the 78745 zip code had 51 contracts executed in the same time frame, the most of all nearby zip codes. However, a six-week downward trend in price reductions is expected to come to an end over the coming weeks. The median sales price dropped to $762,500, down from last week's $950,000. A downturn in contracts, coupled with the availability of seven months of inventory, prove that the 78746 zip code is a strong buyer's market.

Trying to find a more traditional home in the 78746 zip code? Then check out these listings that were built before most others in the market:

$2.6M   $925K   $1.2M  

Get started right now by checking out 78746 homes for sale or reviewing 78746 real estate trends.

Demographic facts for the 78746 zip code:

  • The average elevation is 819 feet.
  • The median income for the homes in this area is $111,172.
  • The student per counselor ratio in this area is 393:1. (513:1 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Donna Homes, a Private Label Realty affiliate
Den Property Group
Snapped 22 homes in this area
Austin Portfolio Real Estate-KW
Snapped 5 homes in this area

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