$132K  
In this week's report, the number of homes sold in the 76648 zip code market slid to two over the past 30 days. It marked a decrease of 50.0% from last week's report and a fall below the monthly average. Within the same time frame, the 76645 zip code had nine sales, the most of all zip codes in the area. Potential buyers should note that prices went up in the 76648 zip code, with the median for this period rising from $58,949 to $502,303. With decreasing sales and the availability of 14 months of inventory, the 76648 zip code is a definite buyer's market.
Comments:

$132K  
The 76648 zip code market looked healthy in this week's report, as the number of home sales climbed 33.3%, pushing the total to four homes sold over the last 30 days. At the same time, the 76645 zip code reported nine home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 76648 zip code, with the median for this period rising from $39,999 to $58,949. Even after the uptick in sales, an elevated eight months of inventory tells us that the 76648 zip code is still a solid buyer's market.
Comments:

$132K  
Sales dropped to three homes sold in the 76648 zip code market over the last 30 days. Furthermore, an emerging downturn in the number of pending transactions continued, with one completed in the same period. Potential buyers should note that prices went up in the 76648 zip code, with the median for this period rising from $38,999 to $39,999. The 76648 zip code is a definite buyer's market, due to a downward trend in contracts numbers and 10 months of inventory remaining.
Comments:

With 2,396 residents, 76648 is a smaller-than-average zip code in Texas. Also, with 22.9 people per square mile, it has a lower than average density in comparison to other parts of the state. The 76648 zip code is an area where most people own their homes, with an ownership ratio of 61.5%.
Comments:

$129K  
The number of home sales in the 76648 zip code market spiked 33.3% to eight homes over the last 30 days, above the 3.1 monthly average. At the same time, the 76645 zip code reported six home sales, the highest number from all the surrounding zip codes. There are four months of inventory remaining in the 76648 zip code, and the market is swinging toward the seller, but that may be offset as the median sales price dropped to $79,000 this week.
Comments:

$158K  
The 76648 zip code market saw sales remain flat this week but it is currently in the midst of a determined upward sales trend, including six homes sold over the last 30 days. Pricing in the 76648 zip code remains consistent from last week to this week, with the median sales price at $81,750 again.
Comments:

$129K  
Over the last 30 days, the 76648 zip code market showed positive signs with six homes sold, a 20.0% increase from last week's report. At the same time, the 76645 zip code reported five home sales, the highest number from all the surrounding zip codes. Prices are falling in the 76648 zip code, and this period the median price of all sales fell from $98,500 to $81,750.
Comments:

$139K  
The number of home sales in the 76648 zip code market jumped 150.0% to five homes over the last 30 days, exceeding the 3.2 monthly average for the last 12 months. To put it in perspective, the close-by 76645 zip code registered six homes sold in the same period, the most of all surrounding zip codes. A months of inventory number of six reported this week continued a four-week downward trend.
Comments:

$349K  
The 76648 zip code market is currently in the middle of a prolonged upward sales trend, even as sales remained flat at two homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price rose dramatically to $61,500 over the latest reporting period for the 76648 zip code, up from $43,250. With no movement in sales and the availability of 16 months of inventory, the 76648 zip code is a definite buyer's market.
Comments:

$132K  
The population of the 76648 zip code is less affluent than average compared to others in Texas with a median income of $35,876 per household. It's also considered a less expensive zip code in terms of affordability with a cost of living adjustment score of 81.1. With a median age of 38 years, homes in the 76648 zip code tend to be relatively old.
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