$349K  
With two homes sold in the 76648 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with four new listings for buyers to choose from. The median sales price of all transactions in the 76648 zip code did not budge this week, remaining at $133,750. The 76648 zip code is a solid buyer's market, due to a big 18 months of inventory left and aided by the flat sales.
Comments:

$165K  
The 76648 zip code market was even this week as sales remained at two homes over the prior 30 days, but the area is experiencing a recent upward trend of contracts closing, now up to four. Pricing in the 76648 zip code remains consistent from last week to this week, with the median sales price at $133,750 again. With no movement in sales and the availability of 18 months of inventory, the 76648 zip code is a strong buyer's market.
Comments:

$132K  
76648 is a smaller-than-average zip code in Texas with 2,396 residents. Also, it has a lower than average density with 22.9 people per square mile. With an ownership ratio of 61.5%, most people in the 76648 zip code are homeowners.
Comments:

$132K  
There were two home sales in the 76648 zip code market over the last 30 days. In comparison, the nearby 76645 zip code had five sales in the same time frame, the most of all neighboring zip codes. The 76648 zip code is still a strong buyer's market, due to the availability of 20 months of remaining inventory, even after the uptick in sales.
Comments:

$110K  
The 76648 zip code market seems to have gone completely and unexpectedly quiet as no sales were reported over the previous 30 days. The 76648 zip code usually averages 3.1 sales per month.
Comments:

$165K  
Home sales in the 76648 zip code market stayed soft in this week's report as they fell 50.0% to one home sold over the last 30 days. In comparison, the nearby 76645 zip code had four sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 76648 zip code, and for this period the median sales price slid from $66,600 to $35,200. The 76648 zip code is a definite buyer's market, thanks to a big 37 months of inventory to choose from and a pullback in sales.
Comments:

$165K  
The number of homes coming into the 76648 zip code market stayed firm with four listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price in the 76648 zip code stayed put this week at $66,600. The 76648 zip code is a definite buyer's market, due to a big 18 months of inventory left and aided by the flat sales.
Comments:

$132K  
The 76648 zip code has a cost of living adjustment score of 81.1, which is less expensive when compared to others in Texas. Also, the area is considered less affluent than average with a median income of $35,876 per household. With a median age of 38 years, homes in the 76648 zip code tend to be relatively old.
Comments:

$165K  
The 76648 zip code market will be more selective in the short term. Sales have fallen this week to one home sold over the last 30 days, and there is also a recent upward trend of new listings, with four going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price dropped dramatically to $98,000, down from last week's $236,500. With decreasing sales and the availability of 36 months of inventory, the 76648 zip code is a strong buyer's market.
Comments:

$165K  
Sales fell in the 76648 zip code market to two homes sold over the last 30 days. It's also under a determined downward trend in the number of contracts closing, with this week's number falling to one. The median sales price jumped to $236,500 over the latest reporting period for the 76648 zip code, up from $145,217. A downturn in contracts, coupled with the availability of 18 months of inventory, prove that the 76648 zip code is a definite buyer's market.
Comments:
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