79062 ZIP Code Housing Market
$75,000median sale price
Quick answer: The median home sale price in ZIP code 79062 is $75,000. Homes sell in an average of 17 days. The market is currently a balanced market.
79062 market data
| Metric | Value |
|---|---|
| Median sale price | $75,000 |
| Median list price | $75,000 |
| Average days on market | 17 days |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The 79062 zip code, located in McGregor, TX, is currently classified as a balanced market. The median sale price stands at $75,000. Homes in this area spend an average of 17 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 79062 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
17
Fast-moving
Active listings
—
Sale-to-list
—
Below asking
Market analysis for 79062
The 79062 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, 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 79062 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
435
Median income
$63,317/yr
Median age
23.7 years
Owner-occupied
7652.0%
College grads
2828.0%
Living in 79062
Zip code 79062 is home to approximately 435 residents. The median household income is $63,317 per year, which shapes the types of homes and amenities available in the area. With a median age of 23.7 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 7652.0% 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 2828.0% 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. 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 79062.
Frequently asked questions about 79062
What is the median home price in 79062?
The current median sale price in 79062 is $75,000, 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 79062 a buyer's or seller's market?
The 79062 zip code is currently classified as a balanced 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 79062?
Zip code 79062 has a population of approximately 435 residents. The median household income is $63,317 per year. About 7652.0% 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 79062?
Properties Incorporated provides comprehensive data for 79062 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 79062 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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