$189K  
The 78942 zip code market may strengthen in the short term. While seven homes were sold over the last 30 days, the number of contracts executed rose to nine, the highest amount in three months. When comparing other close-by zip codes within the same period, the most came from the 78957 zip code with 18 contracts executed. Prices are falling in the 78942 zip code, and this period the median price of all sales fell from $294,500 to $265,000. The 78942 zip code is a still strong buyer's market, in spite of the rising contracts numbers, due to the availability of seven months of remaining inventory.
Comments:

$395K  
With six homes sold in the 78942 zip code market over the last 30 days, we see no change from last week's numbers. However, 10 new listings came into the market. The median sales price of all transactions in the 78942 zip code did not budge this week, remaining at $294,500. The 78942 zip code is a definite buyer's market, due to a big eight months of inventory left and aided by the flat sales.
Comments:

$395K  
The 78942 zip code market will be getting more competitive in the short term. Sales have fallen this week to six homes sold over the last 30 days, and there is also an identifiable upward trend of new listings, with nine going live in the same time frame. The median sales price dropped to $294,500 over the latest reporting period for the 78942 zip code, down from $324,000. With decreasing sales and the availability of eight months of inventory, the 78942 zip code is a solid buyer's market.
Comments:

$225K  
The 78942 zip code market made gains in this week's report, as the number of home sales jumped 40.0%, pushing the total to seven homes sold over the last 30 days. To put it in perspective, the close-by 78947 zip code registered 14 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 78942 zip code, and the median sales price this period increased from $245,000 to $324,000. Even after the uptick in sales, an elevated seven months of inventory tells us that the 78942 zip code is still a strong buyer's market.
Comments:

78942 is an average-sized zip code in Texas with a population of 8,882 residents. Also, it has an average density with 48.6 people per square mile. Keep in mind, most people in the 78942 zip code own their homes, with a 60.4% ownership ratio.
Comments:

$115K  
The number of homes coming into the 78942 zip code market rose to eight listings over the last 30 days, while sales remained right where they were as once again five homes were sold over the same period. The median sales price remained unchanged over the latest reporting period for the 78942 zip code, coming in at $245,000. With no movement in sales and the availability of eight months of inventory, the 78942 zip code is a solid buyer's market.
Comments:

$375K  
The 78942 zip code market saw six homes go under contract and failed to break out of a recent downward trend. Along with that, total home sales dropped to five over the last 30 days. Pricing in the 78942 zip code remains consistent from last week to this week, with the median sales price at $245,000 again. The 78942 zip code is a definite buyer's market with nine months of inventory to choose from, aided by the downturn in contracts.
Comments:

$474K  
Over the last 30 days, the 78942 zip code market warmed up with seven homes sold, a 75.0% increase from last week's report. To put it in perspective, the close-by 78957 zip code registered 12 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose dramatically to $245,000 over the latest reporting period for the 78942 zip code, up from $197,000.
Comments:

$199K  
In this week's report, the number of homes sold in the 78942 zip code market slid to four over the past 30 days, a decrease of 33.3% from last week's report, but still above the monthly average. On the other hand, the close-by 78957 zip code registered 13 homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed to $197,000, up from last week's $187,500. The 78942 zip code is a solid buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:

The population of the 78942 zip code is somewhat affluent compared to others in Texas with a median income of $46,103 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 94.6. The 78942 zip code is made up of homes that are considered relatively old with a median of 30 years.
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