79765 ZIP Code Housing Market
$235,000median sale price
Quick answer: The median home sale price in ZIP code 79765 is $235,000, down 30.5% year-over-year with 169 active listings. The market is currently a leaning buyer's.
79765 market data
| Metric | Value |
|---|---|
| Median sale price | $235,000 |
| Median list price | $358,990 |
| Year-over-year price change | -30.5% |
| Active inventory | 169 listings |
| Sale-to-list price ratio | 81.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The 79765 zip code, located in McGregor, TX, is currently classified as a leaning buyer's. The median sale price stands at $235,000, representing a -30.5% change year over year. There are currently 169 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 79765 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
—
Average pace
Active listings
169
Sale-to-list
81.3%
Below asking
Market trends
Market analysis for 79765
The 79765 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 81.3% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 79765 have declined -30.5% 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 79765 stands at $333,444, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,852 per month. This gives a price-to-rent ratio of approximately 15.0, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Community profile
Population
25,904
Median income
$104,965/yr
Median age
30.5 years
Owner-occupied
6460.0%
College grads
2810.0%
Avg commute
30.71 min
Living in 79765
Zip code 79765 is home to approximately 25,904 residents. The median household income is $104,965 per year, which shapes the types of homes and amenities available in the area. With a median age of 30.5 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 6460.0% 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 2810.0% 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 30.71 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 79765.
Frequently asked questions about 79765
What is the median home price in 79765?
The current median sale price in 79765 is $235,000, based on recent Redfin transaction data. Prices have changed -30.5% 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 79765 a buyer's or seller's market?
The 79765 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 79765?
Zip code 79765 has a population of approximately 25,904 residents. The median household income is $104,965 per year. About 6460.0% 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 79765?
Properties Incorporated provides comprehensive data for 79765 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 79765 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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