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ZIP 79116 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 79116

Median Home Value
$235,800
Median Rent
$822
Affordability Snapshot
$65,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,515/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

23.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 79116, a household would need roughly $65,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,515. That sits below the local median household income ($79,615), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
64.9%-1% vs US avg
x
Vacancy Rate
12.8%+24% vs US avg
x
Broadband Access
90.3%+4% vs US avg
x
4+ Bedrooms
2.0%-86% vs US avg
x
Built Pre-1939
16.2%+27% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
20.6%-59% vs US avg
x
Mortgage-Free
44.1%+15% vs US avg
x
$235,800
Home Value
$822
Rent
1958
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached69.9%
  • 1-unit attached6.8%
  • 2-9 units7.1%
  • 10+ units16.1%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$235,800
Median rent$822
Owner-occupied64.9%
Vacant12.8%
Price-to-income3.0x
Est. income to buy$65,000