77541
$269,999median sale price
The 77541 zip code, located in McGregor, TX, is currently classified as a buyer's market. The median sale price stands at $269,999, representing a +46.0% change year over year. Homes in this area spend an average of 112 days on the market before going under contract. There are currently 242 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 77541 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
47
Last 12 weeks
Days on market
112
Average pace
Active listings
242
Sale-to-list
94.5%
Below asking
Market trends
Market analysis for 77541
The 77541 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a buyer's market, homes are selling at approximately 94.5% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 77541 have increased +46.0% 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 77541 stands at $197,831, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,297 per month. This gives a price-to-rent ratio of approximately 12.7, 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
17,087
Median income
$55,237/yr
Median age
37 years
Owner-occupied
6930.0%
College grads
900.0%
Avg commute
24.6 min
Living in 77541
Zip code 77541 is home to approximately 17,087 residents. The median household income is $55,237 per year, which shapes the types of homes and amenities available in the area. With a median age of 37 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 6930.0% 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 900.0% 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 24.6 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 77541.
Frequently asked questions about 77541
What is the median home price in 77541?
The current median sale price in 77541 is $269,999, based on recent Redfin transaction data. Prices have changed +46.0% 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 77541 a buyer's or seller's market?
The 77541 zip code is currently classified as a buyer's market. 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 77541?
Zip code 77541 has a population of approximately 17,087 residents. The median household income is $55,237 per year. About 6930.0% 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 77541?
Properties Incorporated provides comprehensive data for 77541 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 77541 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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