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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 −7.3% YoY. inventory, +34.6% YoY, is the number to watch.
The median listing price is down 7.3% YoY while the median home got up 18.0% bigger, so value per square foot is down 18.4%.
U.S. Census ACS characteristics for ZIP 78416 itself, not its parent county.
Renters hold 36.8% of this ZIP's 4,606 occupied households, on a median household income of $43K.
| Measure | ZIP 78416 | Nueces County | Difference |
|---|---|---|---|
| Median Household Income | $43K | $67K | -$24K |
| Below Poverty Level | 23.2% | 17.4% | +5.8% |
| Median Age | 41.00 | 37.20 | +3.80 |
| Total Population | 12,480 | 352,955 | -- |
| Avg Household Size | 2.71 | 2.63 | +0.08 |
| Owner-Occupied | 63.2% | 59.7% | +3.5% |
| Worked From Home | 3.7% | 5.4% | -1.7% |
| Mean Commute | 26.70 | 21.70 | +5.00 |
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.