Article Excerpt
Texas is known as an affordable state to buy a home in. But you'll have to forego avocado toast for a while if you hope to change your address to one of these zip codes.
Accurate information about the most expensive zip codes can be difficult to find since final sales prices are not necessarily made public. But MLS data can give us an idea of where to find the highest-end real estate in Texas. The following list is based on both average and median sales prices over the past year.
Perhaps not surprisingly, the eight zip codes listed here are all in or near big Texas cities. Five of them are in the greater Austin area. Two are in Dallas, and one is in Houston.
The “median” listing price is the middle price in the overall set of homes listed. The “average” price is the total price of all homes sold divided by the total count of all homes sold. Medians tend to be more accurate in understanding sets of numbers when there are massive outliers - like extremely luxurious homes within the 8-digit range.
» READ MORE: 8 Crazy Awesome Luxury Homes in Texas
78733, Austin
- Median listing price: $1.3 million
- Average sales price: $6.61 million
Located along the south bank of Lake Austin, this zip code includes some of the most lavish homes in the Austin area. Many of these homes are nestled within the area’s hilly terrain, offering phenomenal views of the lake and the surrounding Texas Hill Country. The average home sales price, obtained from Neighborhoods.com, might be the result of a small number of extremely high-end properties skewing the average upward.
Photo by Andy Thrasher on Flickr
78746, Austin
- Median listing price: $2 million
- Average sales price: $2.93 million
Right next to 78733 is the 78746 zip code, which includes West Lake Hills, Rollingwood, and parts of the City of Austin. These communities are also built into west Austin’s hills, and feature some amazing scenery.
Photo by Matthew Rutledge on Flickr
78703, Austin
- Median listing price: $1.3 million
- Average sales price: $1.75 million
Just west of downtown Austin, the 78703 zip code is home to Tarrytown and several other sought-after neighborhoods. The historic Clarksville neighborhood dates back to the 1870s and contains numerous landmarks and historical sites.
Photo by zombieite on Flickr
75205, Dallas
- Median listing price: $1.9 million
- Average sales price: $1.67 million
This zip code includes parts of Dallas, the suburban communities of Highland Park and University Park, and the campus of Southern Methodist University. Highland Park and University Park are consistently ranked among the most affluent cities in the United States. Residential options range from historic homes built a century ago to brand-new homes with modern designs.
Photo by Roy Luck on Flickr
78735, Austin
- Median listing price: $889,000
- Average sales price: $1.66 million
Returning to the suburbs west of Austin, 78735 borders the 78733 and 78746 zip codes to the south. It includes much of the Barton Creek area. Many homes overlook the Barton Creek Greenbelt.
Photo by chefkeem on Pixabay
78669, Spicewood
- Median listing price: $769,500
- Average sales price: $1.57 million
This zip code includes a large portion of Travis County, starting on the west side of Lake Travis and continuing into neighboring Blanco and Burnet counties. It centers on Spicewood, an unincorporated community that straddles the Travis/Burnet County line. It is located in the middle of Texas’ Highland Lakes region, between Lake Travis and Lake Marble Falls.
Photo by Brent Eckley on Flickr
77005, Houston
- Median listing price: $1.3 million
- Average sales price: $1.38 million
Located southwest of downtown Houston, this zip code includes the community of West University Place and the neighborhoods that surround the Rice University campus. The area provides convenient access to Houston’s Museum District and the downtown Arts District.
Photo by faungg's photos on Flickr
75225, Dallas
- Median listing price: $1.6 million
- Average sales price: $1.36 million
Just north of 75205, the 75225 zip code includes parts of University Park and Dallas, and boasts a similar atmosphere.
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