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These days, finding an affordable place to live in the 78947 area can be challenging. Home prices in 78947 are now at a median cost of $330,892, higher than the Texas average of $322,096.
The average cost of rent is $1,064/mo in 78947, primarily driven by the current value of real estate in the 78947 area. In 78947, 23.82% of households rent, and 44.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 78947 is $10,085 per month. Households that rent pay about 10.55% of their income on rent here. 78947’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 78948, TX: less expensive homes
- 77853, TX: less expensive homes
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- 78615, TX: higher priced homes
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Zip Codes with Similar Populations
- 20158, VA: higher priced homes
- 83628, ID: equally priced homes
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