77562 ZIP Code Housing Market
$239,950median sale price
Quick answer: The median home sale price in ZIP code 77562 is $239,950, up 6.9% year-over-year. Homes sell in an average of 76 days with 31 active listings. The market is currently a buyer's market.
Is the 77562 ZIP code a buyer's or seller's market?
ZIP code 77562 is currently a buyer's market and homes selling in about 76 days. How we determine this →
77562 market data
| Metric | Value |
|---|---|
| Median sale price | $239,950 |
| Median list price | $295,000 |
| Year-over-year price change | +6.9% |
| Average days on market | 76 days |
| Active inventory | 31 listings |
| Sale-to-list price ratio | 94.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The 77562 zip code, located in McGregor, TX, is currently classified as a buyer's market. The median sale price stands at $239,950, representing a +6.9% change year over year. Homes in this area spend an average of 76 days on the market before going under contract. There are currently 31 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 77562 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
14
Last 12 weeks
Days on market
76
Average pace
Active listings
31
Sale-to-list
94.4%
Below asking
Market trends
Market analysis for 77562
The 77562 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 94.4% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 77562 have increased +6.9% 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 77562 stands at $223,911, 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
8,914
Median income
$57,364/yr
Median age
40.4 years
Owner-occupied
8051.0%
College grads
1194.0%
Avg commute
30.76 min
Living in 77562
Zip code 77562 is home to approximately 8,914 residents. The median household income is $57,364 per year, which shapes the types of homes and amenities available in the area. With a median age of 40.4 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 8051.0% 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 1194.0% 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 30.76 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 77562.
Top public schools in ZIP 77562
4 schools tracked · 2,232 students
The largest public schools serving ZIP code 77562 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.
HIGHLANDS J H
Grades 6-8 · 924 students
HIGHLANDS EL
Grades 1-5 · 895 students
HOPPER PRI
Grades PK-K · 312 students
POINT ALTERNATIVE CENTER
Grades 6-12 · 101 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 77562
What is the median home price in 77562?
The current median sale price in 77562 is $239,950, based on recent Redfin transaction data. Prices have changed +6.9% 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 77562 a buyer's or seller's market?
The 77562 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 77562?
Zip code 77562 has a population of approximately 8,914 residents. The median household income is $57,364 per year. About 8051.0% 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 77562?
Properties Incorporated provides comprehensive data for 77562 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 77562 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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