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These days, finding an affordable place to live in the 78656 area can be challenging. Home prices in 78656 are now at a median cost of $250,754, lower than the Texas average of $322,096.
The average cost of rent is $1,434/mo in 78656, primarily driven by the current value of real estate in the 78656 area. In 78656, 21.21% of households rent, and 42.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 78656 is $6,847 per month. Households that rent pay about 20.95% of their income on rent here. 78656’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 78655, TX: higher priced homes
- 78666, TX: higher priced homes
- 78640, TX: higher priced homes
- 78670, TX: higher priced homes
- 78644, TX: equally priced homes
- 78622, TX: equally priced homes
- 78661, TX: equally priced homes
- 78616, TX: higher priced homes
- 78662, TX: higher priced homes
- 78132, TX: higher priced homes
Zip Codes with Similar Populations
- 72142, AR: less expensive homes
- 37097, TN: less expensive homes
- 38563, TN: equally priced homes
- 44429, OH: less expensive homes
- 03814, NH: higher priced homes
- 52046, IA: equally priced homes
- 57744, SD: higher priced homes
- 62067, IL: equally priced homes
- 67202, KS: higher priced homes
- 67663, KS: less expensive homes
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