79008 ZIP Code Housing Market
$11,000median sale price
Quick answer: The median home sale price in ZIP code 79008 is $11,000. Homes sell in an average of 519 days. The market is currently a leaning buyer's.
79008 market data
| Metric | Value |
|---|---|
| Median sale price | $11,000 |
| Median list price | $177,500 |
| Average days on market | 519 days |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The 79008 zip code, located in McGregor, TX, is currently classified as a leaning buyer's. The median sale price stands at $11,000. Homes in this area spend an average of 519 days on the market before going under contract.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 79008 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
519
Average pace
Active listings
—
Sale-to-list
—
Below asking
Market analysis for 79008
The 79008 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 79008 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.
Community profile
Population
0
Living in 79008
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 79008.
Frequently asked questions about 79008
What is the median home price in 79008?
The current median sale price in 79008 is $11,000, 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 79008 a buyer's or seller's market?
The 79008 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 79008?
Properties Incorporated provides comprehensive data for 79008 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 79008 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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