77345 ZIP Code Housing Market
$425,000median sale price
Quick answer: The median home sale price in ZIP code 77345 is $425,000, down 4.5% year-over-year. Homes sell in an average of 73 days with 74 active listings. The market is currently a leaning buyer's.
Is the 77345 ZIP code a buyer's or seller's market?
ZIP code 77345 is currently a leaning buyer's and homes selling in about 73 days. How we determine this →
77345 market data
| Metric | Value |
|---|---|
| Median sale price | $425,000 |
| Median list price | $405,450 |
| Year-over-year price change | -4.5% |
| Average days on market | 73 days |
| Active inventory | 74 listings |
| Sale-to-list price ratio | 97.2% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The 77345 zip code, located in McGregor, TX, is currently classified as a leaning buyer's. The median sale price stands at $425,000, representing a -4.5% change year over year. Homes in this area spend an average of 73 days on the market before going under contract. There are currently 74 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 77345 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
93
Last 12 weeks
Days on market
73
Average pace
Active listings
74
Sale-to-list
97.2%
Below asking
Market trends
Market analysis for 77345
The 77345 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 97.2% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 77345 have declined -4.5% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. 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 77345 stands at $413,008, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,353 per month. This gives a price-to-rent ratio of approximately 14.6, which suggests that buying may be more cost-effective than renting in this area over the long term. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Community profile
Population
27,917
Median income
$150,742/yr
Median age
41.3 years
Owner-occupied
8604.0%
College grads
6097.0%
Avg commute
32.88 min
Living in 77345
Zip code 77345 is home to approximately 27,917 residents. The median household income is $150,742 per year, which shapes the types of homes and amenities available in the area. With a median age of 41.3 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 8604.0% 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 6097.0% 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 32.88 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 77345.
Top public schools in ZIP 77345
6 schools tracked · 4,156 students
The largest public schools serving ZIP code 77345 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.
RIVERWOOD MIDDLE
Grades 6-8 · 1,143 students
GREENTREE EL
Grades PK-5 · 667 students
DEERWOOD EL
Grades PK-5 · 649 students
SHADOW FOREST EL
Grades PK-5 · 636 students
WILLOW CREEK EL
Grades PK-5 · 583 students
HIDDEN HOLLOW EL
Grades PK-5 · 478 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 77345
What is the median home price in 77345?
The current median sale price in 77345 is $425,000, based on recent Redfin transaction data. Prices have changed -4.5% 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 77345 a buyer's or seller's market?
The 77345 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 77345?
Zip code 77345 has a population of approximately 27,917 residents. The median household income is $150,742 per year. About 8604.0% 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 77345?
Properties Incorporated provides comprehensive data for 77345 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 77345 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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