76431 ZIP Code Housing Market
$419,000median sale price
Quick answer: The median home sale price in ZIP code 76431 is $419,000, up 7.4% year-over-year. Homes sell in an average of 81 days with 26 active listings. The market is currently a leaning buyer's.
Is the 76431 ZIP code a buyer's or seller's market?
ZIP code 76431 is currently a leaning buyer's and homes selling in about 81 days. How we determine this →
76431 market data
| Metric | Value |
|---|---|
| Median sale price | $419,000 |
| Median list price | $600,000 |
| Year-over-year price change | +7.4% |
| Average days on market | 81 days |
| Active inventory | 26 listings |
| Sale-to-list price ratio | 96.9% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The 76431 zip code, located in McGregor, TX, is currently classified as a leaning buyer's. The median sale price stands at $419,000, representing a +7.4% change year over year. Homes in this area spend an average of 81 days on the market before going under contract. There are currently 26 active listings in the area, which influences how much negotiating power buyers and sellers have.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 76431 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
11
Last 12 weeks
Days on market
81
Average pace
Active listings
26
Sale-to-list
96.9%
Below asking
Market trends
Market analysis for 76431
The 76431 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 96.9% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 76431 have increased +7.4% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 76431 stands at $354,068, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Community profile
Population
4,494
Median income
$86,875/yr
Median age
39.6 years
Owner-occupied
8574.0%
College grads
1927.0%
Avg commute
28.66 min
Living in 76431
Zip code 76431 is home to approximately 4,494 residents. The median household income is $86,875 per year, which shapes the types of homes and amenities available in the area. With a median age of 39.6 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 8574.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 1927.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 28.66 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 76431.
Top public schools in ZIP 76431
3 schools tracked · 558 students
The largest public schools serving ZIP code 76431 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
CHICO EL
Grades PK-5 · 278 students
CHICO H S
Grades 9-12 · 144 students
CHICO MIDDLE
Grades 6-8 · 136 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 76431
What is the median home price in 76431?
The current median sale price in 76431 is $419,000, based on recent Redfin transaction data. Prices have changed +7.4% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 76431 a buyer's or seller's market?
The 76431 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 76431?
Zip code 76431 has a population of approximately 4,494 residents. The median household income is $86,875 per year. About 8574.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 76431?
Properties Incorporated provides comprehensive data for 76431 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 76431 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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