77835 is a zip code in Texas, and is somewhat affluent with a median income of $45,232 per household. It's much younger than the rest of the state, with a median age of 48. Keep in mind, most people in the 77835 zip code own their homes, with a 56.1% ownership ratio. Topping the list of best schools in the zip code is Burton High School.
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No deals were completed in the 77835 zip code market over the last 30 days. The 77835 zip code usually averages 1.0 sales per month.
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Sales fell to one home sold in the 77835 zip code market over the last 30 days. Furthermore, a new downturn in the number of pending transactions continued, with zero completed in the same period. The median sales price tumbled to $80,000 over the latest reporting period for the 77835 zip code, down from $127,500. A downturn in contracts, coupled with the availability of 22 months of inventory, prove that the 77835 zip code is a strong buyer's market.
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The 77835 zip code market saw sales remain flat this week with two homes sold over the last 30 days but new listings shrank to two. The median sales price remained unchanged over the latest reporting period for the 77835 zip code, coming in at $127,500. The 77835 zip code is a definite buyer's market, due to a big 12 months of inventory left and aided by the flat sales.
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$450K  
Sales remained at two homes sold over the last 30 days in the 77835 zip code market. Sellers can expect more competition, due to a six-week upward trend in homes coming into the market, now up to four for the same period. The median sales price remained unchanged over the latest reporting period for the 77835 zip code, coming in at $127,500. Along with flat sales, a relatively high 12 months of inventory indicates that the 77835 zip code is a definite buyer's market.
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$450K  
The number of home sales in the 77835 zip code market rose 100.0% to two homes over the last 30 days, exceeding the 1.1 monthly average for the last 12 months. In comparison, the nearby 78942 zip code had five sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 77835 zip code, and this period the median price of all sales fell from $175,000 to $127,500. The 77835 zip code is still a definite buyer's market, due to the availability of 12 months of remaining inventory, even after the uptick in sales.
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77835 is a smaller-than-average zip code in Texas with 2,454 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of 16.0%. Detached homes account for 100% of the area's current housing market. Topping the list of best schools in the zip code is Burton High School.
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$450K  
The 77835 zip code market closed in on its 12-month sales average this week with one home sold over the last 30 days. To put it in perspective, the close-by 78942 zip code registered five homes sold in the same period, the most of all surrounding zip codes. Even after the uptick in sales, an elevated 22 months of inventory tells us that the 77835 zip code is still a solid buyer's market.
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$450K  
The 77835 zip code market seems to have gone completely and unexpectedly quiet as no sales were reported over the previous 30 days. The 77835 zip code usually averages 1.1 sales per month.
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$450K  
Over the last 30 days, sales in the 77835 zip code market remained at their current pace of one homes. However, the amount of pending transactions continued to improve, reaching a total of three during the same period. As contracts trended higher, prices have been increasing. The median sales price hit $110,500, extending a four-week long spike. Along with flat sales, a relatively high 19 months of inventory indicates that the 77835 zip code is a definite buyer's market.
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