July's First-Time Homebuyer Report for 78717 Zip Code

The 78717 zip code is a zip code in Texas with a median income of $89,509 per household. Besides being very affluent, its population is much older than others with a median age of 33 years. The 78717 zip code market is almost exclusively made up of detached houses, which currently account for 93% of the homes for sale in the area. Leading the list of top schools in the zip code are Casis Elementary School, Hill Country Middle School, and Westlake High School.

Culture

If you're into the outdoors, great attractions in 78717 include Avery Ranch Golf Club and Main Amenity Center: Avery Ranch, according to Foursquare. You might also try Z'Tejas Mexican Restaurant and Grill, Brooklyn Heights Pizzeria Ristorante, and Morelia Mexican Grill, a few popular places to dine out. Lastly, Tony C's Pizza & Wine Bar is a well-known place to get a drink.

Price Range

The 78717 zip code has some of the more expensive homes in the state with a median home value of $231,900 and a current average list price of $400,011. The 78717 zip code market pulled back with a 10.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (37.3) with 45 homes sold.

Typical Dwelling

The typical dwelling in the 78717 zip code is a four-bedroom detached home worth about $412,901. To purchase a similar home, a buyer with good credit and a $82,580 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,108 monthly payment. The property tax rate is $19.59 per $1,000 of taxable assessed value.

Get started right now by checking out 78717 homes for sale or reviewing 78717 real estate trends.


Data reported through 7/20/2017

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Keller Williams
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Ligon Realty
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