The zip code 79935, located in Texas, presents a moderately walkable environment with a population of approximately 18,404 residents and 9,626 jobs. This article will delve into the current real estate market within 79935, examining pending listings, recent sales, market trends, and the overall characteristics of the area. The analysis is based solely on the provided data, offering a snapshot of the housing situation as of the information available.
Market Overview
The real estate market in 79935 is currently characterized by a moderate level of activity. As of the latest data refresh, there are 11 pending listings available for sale. The median listing price for these properties is $199,000. This indicates a relatively accessible price point for potential homebuyers in the area. The data is updated frequently, with refreshes occurring every 15 minutes, ensuring a degree of currency.
Sales Trends
Recent sales data reveals that one home was sold in 79935 within the past month. In addition to single-family homes, there were also sales of other property types, including one townhouse and one multi-family unit, though no condos were sold during that period. This suggests a diverse range of housing options available within the zip code. The market dynamics indicate a consistent, though not rapid, turnover of properties.
Time on Market
Properties in 79935 typically remain on the market for an average of 364 days. This relatively long duration suggests a buyer's market or a period of stabilization, where properties do not sell as quickly as in more competitive areas. The extended time on market could be influenced by various factors, including pricing strategies, property condition, and overall economic conditions. Some homes are designated as "Hot Homes," indicating a higher probability of a quick sale, suggesting that certain properties are more desirable or competitively priced.
Walkability and Demographics
79935 has a Walk Score of 55, classifying it as a moderately walkable zip code. This means that some errands can be accomplished on foot, but a car is generally necessary for most activities. The area is home to a significant workforce, with 9,626 jobs available within the zip code, potentially contributing to the demand for housing. The population of approximately 18,404 residents further defines the local market.
Real Estate Services Available
Redfin, as highlighted in the provided information, is actively involved in the 79935 real estate market. They offer services for both buyers and sellers, utilizing technology and full-service agents to facilitate the home buying and selling process. Redfin aims to provide better value through lower fees and industry-leading technology. Local real estate agents are available to provide expert guidance on properties, neighborhoods, schools, and the newest listings.
Summary of Key Data
To provide a concise overview, the following table summarizes the key data points:
| Metric | Value |
|---|---|
| Pending Listings | 11 |
| Median Listing Price | $199,000 |
| Days on Market | 364 |
| Homes Sold (Last Month) | 1 |
| Walk Score | 55 |
| Population | ~18,404 |
| Jobs | ~9,626 |
Utilizing Online Tools
Potential homebuyers are encouraged to utilize online tools and filters to refine their search criteria. These tools allow users to narrow down properties based on price, square footage, number of bedrooms, and number of bathrooms, ensuring that they find homes that meet their specific needs and preferences.
Conclusion
The real estate market in 79935 presents a moderate level of activity with a median listing price of $199,000. Properties typically remain on the market for 364 days, suggesting a balanced or buyer-leaning market. The area offers a mix of housing options, including single-family homes, townhouses, and multi-family units. With a population of approximately 18,404 and 9,626 jobs, 79935 provides a stable environment for residents and potential homebuyers. Redfin and local real estate agents are available to assist with the buying and selling process, leveraging technology and expertise to provide a valuable service. The zip code’s moderate walkability adds another dimension to its appeal.