79701 Home Values & Market Trends
There are 55 homes currently listed for 79701. 79701 real estate market trends show that home prices range from $52,000 to $1,895,000, and the median sales price in the 79701 zip code is $300,582. The total number of properties sold within the past twelve months is 329. In 79701, 12 properties are in foreclosure, 3 are bank owned properties,and 9 are headed for auction.
79701 Real Estate Market Overview
City | Median Est. Value |
---|---|
Midland | $ 397,670 $ 182/sqft |
Housing Market Summary for 79701
Oct 2023 | September 2024 | Change | |
---|---|---|---|
Median Listing Price | $239.9K | $337.5K | 40.65% |
Median Sold Price | $231.3K | $234.4K | 1.34% |
Homes For Sale | 52 | 61 | 17.31% |
Homes Sold | 200 | 142 | -29.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 79701
Browse Homes in 79701
The median list price of a home in Midland, is $300,582. A total of 55 properties are for sale, and the percentage of properties for sale in the zip code is 55.00%. The total count of 79701 properties is 225.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 79701 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 79701; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 79701 ranges from the highest value of $856,355 in midland to the lowest value of $55,314 in midland. Bank owned homes and properties account for 1.33% of properties in 79701. There is 1 cities within 79701; midland containing 14 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmidland has 40 auction properties, the highest number of properties going to auction in a single city in the state of 79701. Auction homes and other auction properties account for 4.00% of all properties in 79701. There is 1 cities within 79701; of that cities, the median estimated home value for homes going to auction ranges from $1,942,108 in midland to the lowest value of $140,921 in midland.
Compare Nearby Zip Codes
More Real Estate Resources for 79701
Guide for 79701
Pre-foreclosure properties in Texas dropped 18% month-over-month and 38% year-over-year in July 2024, indicating improved economic stability.
Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence
From June 2023-May 2024, Waco, TX saw steady property value increases and robust sales despite lower availability. Comparatively, it offers a more balanced market than neighboring cities.
Waco, TX real estate shows price per sq. ft. trending up despite minor fluctuation in sale prices.