77520 ZIP Code Housing Market
$172,500median sale price
Quick answer: The median home sale price in ZIP code 77520 is $172,500, down 20.3% year-over-year. Homes sell in an average of 76 days with 124 active listings. The market is currently a leaning buyer's.
Is the 77520 ZIP code a buyer's or seller's market?
ZIP code 77520 is currently a leaning buyer's and homes selling in about 76 days. How we determine this →
77520 market data
| Metric | Value |
|---|---|
| Median sale price | $172,500 |
| Median list price | $190,000 |
| Year-over-year price change | -20.3% |
| Average days on market | 76 days |
| Active inventory | 124 listings |
| Sale-to-list price ratio | 96.1% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The 77520 zip code, located in McGregor, TX, is currently classified as a leaning buyer's. The median sale price stands at $172,500, representing a -20.3% change year over year. Homes in this area spend an average of 76 days on the market before going under contract. There are currently 124 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 77520 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
44
Last 12 weeks
Days on market
76
Average pace
Active listings
124
Sale-to-list
96.1%
Below asking
Market trends
Market analysis for 77520
The 77520 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 96.1% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 77520 have declined -20.3% 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 77520 stands at $175,608, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,206 per month. This gives a price-to-rent ratio of approximately 12.1, 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
36,355
Median income
$54,278/yr
Median age
37.7 years
Owner-occupied
5215.0%
College grads
1273.0%
Avg commute
29.55 min
Living in 77520
Zip code 77520 is home to approximately 36,355 residents. The median household income is $54,278 per year, which shapes the types of homes and amenities available in the area. With a median age of 37.7 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 5215.0% 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 1273.0% 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 29.55 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 77520.
Top public schools in ZIP 77520
14 schools tracked · 8,885 students
The largest public schools serving ZIP code 77520 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.
LEE H S
Grades 9-12 · 1,802 students
CEDAR BAYOU J H
Grades 6-8 · 907 students
HORACE MANN J H
Grades 6-8 · 766 students
TRAVIS EL
Grades PK-5 · 765 students
BAYTOWN J H
Grades 6-8 · 711 students
JAMES BOWIE EL
Grades PK-5 · 602 students
CARVER EL
Grades PK-5 · 593 students
DE ZAVALA EL
Grades K-5 · 589 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 77520
What is the median home price in 77520?
The current median sale price in 77520 is $172,500, based on recent Redfin transaction data. Prices have changed -20.3% 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 77520 a buyer's or seller's market?
The 77520 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 77520?
Zip code 77520 has a population of approximately 36,355 residents. The median household income is $54,278 per year. About 5215.0% 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 77520?
Properties Incorporated provides comprehensive data for 77520 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 77520 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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