78853 ZIP Code Housing Market
$309,000median sale price
Quick answer: The median home sale price in ZIP code 78853 is $309,000. Homes sell in an average of 218 days with 7 active listings. The market is currently a leaning buyer's.
78853 market data
| Metric | Value |
|---|---|
| Median sale price | $309,000 |
| Median list price | $304,500 |
| Average days on market | 218 days |
| Active inventory | 7 listings |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The 78853 zip code, located in McGregor, TX, is currently classified as a leaning buyer's. The median sale price stands at $309,000. Homes in this area spend an average of 218 days on the market before going under contract. There are currently 7 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 78853 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
1
Last 12 weeks
Days on market
218
Average pace
Active listings
7
Sale-to-list
—
Below asking
Market trends
Market analysis for 78853
The 78853 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, market dynamics influence how quickly homes sell and at what price relative to their listing.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 78853 have remained relatively stable compared to last year. 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.
Frequently asked questions about 78853
What is the median home price in 78853?
The current median sale price in 78853 is $309,000, based on recent Redfin transaction data. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 78853 a buyer's or seller's market?
The 78853 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.
How do I research neighborhoods in 78853?
Properties Incorporated provides comprehensive data for 78853 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 78853 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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