78840 — Val Verde County, Texas Market Snapshot
Housing market data for zip code 78840 in Val Verde County, Texas. Updated monthly with median prices, days on market, and more.
Market Sales Data
78 sales in 2026 (year to date)
Median Sale Price
$241,925
Days to Sell
70
Homes Sold
78
Inventory
195
Sale-to-List
100.1%
New Listings
142
Price/SqFt
$153
Pending Sales
93
Conforming Loan Available
Most homebuyers in 78840 can comfortably use conventional financing. The median home price of $241,925 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 70 days on average, 78840 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 78840 (100.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 78840 can comfortably use conventional financing. The median home price of $241,925 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 78840 are set at the county level.
2026 Loan Limits — Val Verde County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 78840
To purchase the median home at $241,925 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,004.
Monthly Payment
$2,004
Income Required
$85,866
Principal & Interest
$1,491/mo
Down Payment (5%)
$12,096
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 78840.
Estimated Monthly Payment
$1,647
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