ZIP 78132

78132 is one of 6 ZIP codes that lie mostly in Comal County, TX — 99% of its own area is in the county.

Shaded by typical home value, it ranks 3 of the 6 with a value.

6 school locations in 78132: 3 elementary, 3 middle.

In alphabetical order: DANVILLE MIDDLE, HOFFMANN LANE EL, MORNINGSIDE EL, MT VALLEY MIDDLE, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2009 the typical home in 78132 was worth $285,935.

Values peaked at $614,215 in July 2022. The latest reading is −9.6% from that peak.

As of August 2026: $555,513, −1.8% over twelve months.

Start with the typical home: $555,513. Put 20% down and borrow $444,410 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $3,077 a month in principal and interest.

The median household here earns $126,934 a year, $10,578 a month. So the payment takes 29.1% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 15.0% in 2009.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2009 (5.05%) the payment was $1,235.

In December 2020, with rates at 2.68%, it was $1,406.

By August 2026, at 6.67%, it was $2,858 — +103% since December 2020, while the home's value moved +28%.

Reported values rose +94% since January 2009.

General prices (CPI-U) rose +58% over the same span.

Divide one by the other: in August 2026 dollars, the 2009 home was worth $450,802. So the real change is +23%, not +94%.

78132: +94% since January 2009.

Comal County: +95% since January 2009.

Texas: +108% since January 2009 — 78132 ran behind it by 14 points.

Against 1,763 Texas ZIP codes, 78132 sits at the 28th percentile for affordability (price vs local income).

28th for appreciation (recent value growth); 9th for rental yield (rent vs price).

Owning the typical home costs about $3,633 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,602 a month.

Price divided by a year's rent: 28.9. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 105 a month (Redfin, 3-month rolling data through August 2026). That is 123% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 446. That is 134% of the 2015–2019 level for the same months.

Going out — closed sales: about 93 a month. That is 126% of the 2015–2019 level for the same months. The drain is drawn 6% narrower: the share of homes for sale that sell each month is 94% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 4.8 months of supply — inside the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 12 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 93 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 63 — so sales ran at 148% of it, and below it in 4 of the last 24 months.

Across Comal County, builders pulled permits for 1,726 new homes in 2025.

Of those, 100% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Comal County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 5,804 moved in. Among the ten receiving the most, 4,104 moved out.

Net across those counties: +1,700 households. Beside it, homes for sale in this ZIP: 446 in June 2026.

Most arrivals came from Bexar, TX (2,513 households); most departures went to Bexar, TX (1,461).