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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is −1.2% YoY. inventory, +14.6% YoY, is the number to watch.
The median listing price is down 1.2% YoY while the median home got down 11.1% bigger, so value per square foot is down 3.9%.
U.S. Census ACS characteristics for ZIP 78405 itself, not its parent county.
Renters hold 49.0% of this ZIP's 5,145 occupied households, on a median household income of $38K.
| Measure | ZIP 78405 | Nueces County | Difference |
|---|---|---|---|
| Median Household Income | $38K | $67K | -$29K |
| Below Poverty Level | 35.6% | 17.4% | +18.2% |
| Median Age | 37.00 | 37.20 | -0.20 |
| Total Population | 14,602 | 352,955 | -- |
| Avg Household Size | 2.78 | 2.63 | +0.15 |
| Owner-Occupied | 51.0% | 59.7% | -8.7% |
| Worked From Home | 3.3% | 5.4% | -2.1% |
| Mean Commute | 20.70 | 21.70 | -1.00 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.0% to 352,955: residents under 18 are down 1.0% and those 65 and over are up 3.1%.
County median household income is $67K, 17.4% of residents are below the poverty level, 5.4% work from home.