If you have lived in San Antonio long enough, you probably know a few of the most expensive zip codes or in the area. But what about the best zip code for a first time homebuyer? or The hottest zip code in San Antonio?
Here in San Antonio, we have a lot to be proud of. A hot job market, world class healthcare and education, several Fortune 500 employers, not to mention The Missions, Riverwalk, and the many museums, parks, etc that bring tourists from all over the world. But where in this great city is the zip code listed as the # 6 Hottest Zip Code in the United States for First Time Homebuyers?
The 78247 Zip Code falls within the North Central area of San Antonio, which has a suburban feel. Median list prices in June were 33 percent lower than the city average, but has risen 7 percent year over year during the first half of this year. Households and population have grown 7 percent in the past five years which is 2x faster than the rest of the country. Also, the share of households earning $100,000 in this area is expected to group 15 percent by 2020. San Antonio is home to the corporate headquarters of USAA, Valero, Rackspace, NuStar Energy, and Harland Clarke.
Each of the neighborhoods on the nationwide list provides favorable conditions for millennials considering a home purchase.