$259K  
The 79501 zip code market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at seven. The median sales price dropped dramatically to $47,500 over the latest reporting period for the 79501 zip code, down from $120,000. The 79501 zip code is a definite buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

79501 is a zip code in Texas. It's much less affluent than average and the cost of living is much less expensive compared to the rest of the state, with a median income of $35,366 per household and cost of living adjustment score of 75.8. The 79501 zip code is made up of homes that are considered older than most with a median of 49 years.
Comments:

$369K  
In this week's report, the number of homes sold in the 79501 zip code market sank to three over the past 30 days, a decrease of 50.0% from last week's report, but still above the monthly average. In comparison, the nearby 79606 zip code had 45 sales in the same time frame, the most of all neighboring zip codes. The median sales price jumped to $120,000, up from last week's $76,200. The 79501 zip code is a solid buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$249K  
With seven homes sold in the 79501 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with two new listings for buyers to choose from. The median sales price in the 79501 zip code stayed put this week at $39,900. In spite of flat sales, a low three months of inventory signals that the 79501 zip code is a seller's market.
Comments:

$665K  
Over the last 30 days, the sale of six homes took place in the 79501 zip code market and, even though it's the same amount as last week, the area continues a recent upward trend. The median sales price stayed flat at $37,450, and there are a fairly average four months of inventory left to be sold.
Comments:

79501 is an average-sized zip code in Texas with 3,509 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of -2.8%. The 79501 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
Comments:

$173K  
The 79501 zip code market showed gains in this week's report, as the number of home sales jumped 100.0%, pushing the total to six homes sold over the last 30 days. In comparison, the nearby 79606 zip code had 52 sales in the same time frame, the most of all neighboring zip codes. There are four months of inventory remaining in the 79501 zip code, and the market is swinging toward the seller, but that may be offset as the median sales price dropped to $37,450 this week.
Comments:

$173K  
Over the last 30 days, the 79501 zip code market got positive news with three homes sold. It marks a 200.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. In comparison, the nearby 79606 zip code had 59 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped dramatically to $39,900 over the latest reporting period for the 79501 zip code, down from $179,000. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 79501 zip code is still a definite buyer's market.
Comments:

$129K  
The 79501 zip code market got good news this week as sales ticked up to one home sold over the last 30 days to go with a solid upward trend of contracts closing, now up to six. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Despite the rising contracts trend, with 23 months of inventory to work through, the 79501 zip code is a still strong buyer's market.
Comments:

$129K  
The 79501 zip code market reported another in a series of 30-day periods with zero home sales. The 79501 zip code usually averages 2.2 sales per month.
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