78250 ZIP Code Housing Market
$246,250median sale price
Quick answer: The median home sale price in ZIP code 78250 is $246,250, down 0.7% year-over-year. Homes sell in an average of 95 days with 160 active listings. The market is currently a leaning buyer's.
78250 market data
| Metric | Value |
|---|---|
| Median sale price | $246,250 |
| Median list price | $265,000 |
| Year-over-year price change | -0.7% |
| Average days on market | 95 days |
| Active inventory | 160 listings |
| Sale-to-list price ratio | 97.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The 78250 zip code, located in McGregor, TX, is currently classified as a leaning buyer's. The median sale price stands at $246,250, representing a -0.7% change year over year. Homes in this area spend an average of 95 days on the market before going under contract. There are currently 160 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 78250 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
106
Last 12 weeks
Days on market
95
Average pace
Active listings
160
Sale-to-list
97.0%
Below asking
Market trends
Market analysis for 78250
The 78250 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 97.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 78250 have declined -0.7% 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 78250 stands at $243,363, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,529 per month. This gives a price-to-rent ratio of approximately 13.3, 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
57,323
Median income
$80,659/yr
Median age
36 years
Owner-occupied
7310.0%
College grads
3222.0%
Avg commute
33.31 min
Living in 78250
Zip code 78250 is home to approximately 57,323 residents. The median household income is $80,659 per year, which shapes the types of homes and amenities available in the area. With a median age of 36 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 7310.0% 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 3222.0% 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 33.31 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 78250.
Frequently asked questions about 78250
What is the median home price in 78250?
The current median sale price in 78250 is $246,250, based on recent Redfin transaction data. Prices have changed -0.7% 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 78250 a buyer's or seller's market?
The 78250 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 78250?
Zip code 78250 has a population of approximately 57,323 residents. The median household income is $80,659 per year. About 7310.0% 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 78250?
Properties Incorporated provides comprehensive data for 78250 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 78250 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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