The story of this market
The typical home in ZIP 77840 sells for about $276,000, or $184 per square foot.
Prices are down 43.7% from a year ago, which gives buyers more room to negotiate. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,950 a month.
ZIP 77840 — College Station
The 77840 housing market is currently experiencing a period of price correction, with a significant year-over-year decline in median sale prices. Despite this, the market remains balanced due to consistent rental demand driven by the university population. Buyers and sellers are operating in a neutral environment with moderate inventory levels.
This ZIP is ideal for students, university faculty, and investors seeking rental properties, as the area is defined by its proximity to Texas A&M University and high-density housing options.
Median prices moved down 43.7% year over year.
Homes spend a median of 34 days on market with 5.3 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 30.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 77840, Brazos County TX
Crime rates in the 77840 area are influenced by its high density of student housing and proximity to the university, with property crime being the most frequently reported issue compared to regional averages.
The area is served by the College Station Independent School District, which is generally well-regarded for its academic performance and extracurricular programs within the region.
The region faces moderate risks from severe thunderstorms and occasional flash flooding, with standard insurance coverage typically including wind and hail provisions.
Economic momentum is heavily anchored by Texas A&M University and the associated research and technology parks, driving consistent demand for housing and commercial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
The ZIP code is highly walkable and bikeable due to its proximity to the Texas A&M campus, with short drive times to major employment hubs in College Station and Bryan.
Residents have access to numerous city parks, the Wolf Pen Creek District for entertainment, and various athletic facilities associated with the university.
The rental market is highly active and resilient, driven by a large student population and consistent demand for off-campus housing, leading to low vacancy rates during the academic year.
The economy is dominated by Texas A&M University, the healthcare sector, and a growing research and technology corridor.
The area is served by a network of local bus routes and is well-connected to major highways like SH 6.
Ongoing development focuses on high-density student housing and mixed-use projects near the university campus.
The Brazos Central Appraisal District manages property assessments for all jurisdictions within the county.
Parcels are subject to taxes from the College Station ISD and various municipal utility districts.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk.
Data retrieved from data.census.gov for ZCTA 77840.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Santa's Wonderland4.38.5 mi
- Grand Station Entertainment4.40.9 mi
- Urban Air Trampoline and Adventure Park4.52.9 mi
- Jumping World4.33.2 mi
- Chuck E. Cheese4.10.8 mi
- Kyle Field4.81.7 mi
- Reed Arena4.62.2 mi
- Brazos County Expo Complex4.66.2 mi
- Grand Station Entertainment4.40.9 mi
- Lake Bryan4.411 mi
- Santa's Wonderland4.38.5 mi
- George H.W. Bush Presidential Library and Museum4.72.8 mi
- Cinemark College Station and XD4.61.4 mi
- Aggie Park4.91.6 mi
- Grand Station Entertainment4.40.9 mi
- George H.W. Bush Presidential Library and Museum4.72.8 mi
- Museum of the American GI4.88.9 mi
- Brazos Valley Museum of Natural History4.63.5 mi
- Sanders Corps of Cadets Center4.91.5 mi
- Century Tree4.71.7 mi
- Veterans Park and Athletic Complex4.72 mi
- Aggie Park4.91.6 mi
- Stephen C. Beachy Central Park4.61.1 mi
- Lake Bryan4.411 mi
- Lick Creek Park4.66.9 mi
- Topgolf Bryan4.33.5 mi
- The Golf Club at Texas A&M3.71.3 mi
- Pebble Creek Country Club4.35.7 mi
- Miramont Country Club4.93.9 mi
- Phillips Event Center and Maddens casual gourmet4.43.3 mi
- Post Oak Mall40.7 mi
- T.J. Maxx4.20.5 mi
- Ross Dress for Less4.20.2 mi
- Kohl's4.30.4 mi
- Marshalls4.33 mi
- Easterwood Airport4.33.6 mi
- Astin Aviation (CLL)4.93.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The primary economic and cultural anchor of the region.
A major outdoor venue for concerts and community events.
Iconic college football stadium located nearby.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.