78871
Del Rio, Texas
Del Rio 78871 is stable.
The 78871 ZIP code in Del Rio, Texas has a median sale price of $30K, down N/A year-over-year. Homes spend an average of 2 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 67 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
The Del Rio ZIP 78871 market shows a median sale price of $30,000 with flat year-over-year growth as of October 2023. Properties are moving remarkably fast at just 2 days on market, yet zero homes are selling above list price. This disconnect between velocity and pricing power suggests either highly motivated sellers or a market dominated by cash buyers seeking deeply discounted assets. The $30,000 price point indicates this is largely a distressed or vacant land market rather than traditional residential inventory.
This environment favors cash investors with risk tolerance for speculative plays or land banking strategies. The 2-day market time benefits buyers who can move quickly without financing contingencies, while the absence of bidding wars allows for firm price negotiation. Sellers face challenging conditions despite fast absorption, as the 0% above-list metric confirms no pricing leverage. Small-scale developers seeking low-cost entry points or portfolio diversification into alternative asset classes may find the best risk-adjusted opportunities here.
The PropIQ score of 67 signals caution, warranting close monitoring of regional economic indicators and property tax delinquency rates before committing capital. Without price appreciation despite rapid turnover, market fundamentals remain questionable for traditional appreciation-based investment strategies. Watch for shifts in days-on-market trends and whether any properties begin commanding premiums, which would indicate genuine demand emerging beyond the current distressed-asset churn dominating this ZIP code's transaction profile.
What is the median home price in 78871 Del Rio?
The median sale price in 78871 is $30K, down N/A year-over-year as of 2023-10-31.
How long do homes stay on the market in Del Rio 78871?
Homes in 78871 Del Rio spend an average of 2 days on market before going under contract.
Is Del Rio 78871 a good place to invest in real estate?
Folio's PropIQ™ score for 78871 is 67/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 67 mean for 78871?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 67 = Caution in 78871 Del Rio, Texas.