How much is a home worth in ZIP code 78408?

The typical home in 78408 is worth $100,409, based on the Zillow Home Value Index.

Are home values rising in 78408?

Home values in 78408 are up 1.8% over the past year, and down 0.9% a year over five years.

What is the typical rent in 78408?

A typical home in 78408 rents for about $1,209 a month, a gross rental yield of 14.4%.

What is the property tax rate in 78408?

The effective property tax rate in 78408 is 1.0% — roughly $1,025 a year on a typical home.

ZIP code 78408 has a population of 10,111 and a median household income of $41,045.

HousingHandbookReference data

…

U.S. ZIP Code · TX78408

Nueces County · Corpus Christi, TX

Typical home value

$100,409^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.8%
5-year / yr: -0.9%
10-year / yr: +3.2%

Relative price

vs U.S.: -64.7%
vs metro: -49.0%
vs state: -61.6%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 78408 is worth $100,409 — 49.0% below the Corpus Christi, TX median. Over the past year, values have risen 1.8%. Homes here rent for a typical $1,209 a month — a 14.4% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,209^[2]
Gross yield: 14.4%^[2]
Cap rate: 8.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.0%^[3]
Typical annual tax: $1,025^[3]

#Climate risk

FEMA National Risk Index ratings for Nueces County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively Moderate
Wildfire: Relatively Low
Drought: Relatively High
Heat wave: Relatively High
Hurricane: Very High
Tornado: Relatively High
Earthquake: Very Low
Winter weather: Relatively Moderate

#Who lives here

Population: 10,111^[3]
Median household income: $41,045^[3]

#Migration

Household moves in and out of Nueces County over a year, from IRS tax-return data.

Net migration: -661^[5]
Moved in: 7,455
Moved out: 8,116

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 4
Elementary: 2
Middle: 1
High: 1

ROY MILLER H S AND METRO SCHOOL OF DESIGN
High · Grades 7–12 · CORPUS CHRISTI ISD
1,531 students
DRISCOLL MIDDLE
Middle · Grades 6–8 · CORPUS CHRISTI ISD
560 students
OAK PARK SPECIAL EMPHASIS SCHOOL
Elementary · Grades PK–5 · CORPUS CHRISTI ISD
517 students
GIBSON EL
Elementary · Grades PK–5 · CORPUS CHRISTI ISD
393 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield14.4%

Net yield (after ~40% expenses)8.7%

Annual rent$14,508

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$508

Loan principal$80,327

Down payment$20,082

Total interest paid$102,453

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.56

Monthly cost to own$677

Monthly rent$1,209

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 38th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 27th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

4th for highest rental yield in TXView list →

Frequently asked

How much is a home worth in ZIP code 78408?: The typical home in 78408 is worth $100,409, based on the Zillow Home Value Index.
Are home values rising in 78408?: Home values in 78408 are up 1.8% over the past year, and down 0.9% a year over five years.
What is the typical rent in 78408?: A typical home in 78408 rents for about $1,209 a month, a gross rental yield of 14.4%.
What is the property tax rate in 78408?: The effective property tax rate in 78408 is 1.0% — roughly $1,025 a year on a typical home.
Who lives in 78408?: ZIP code 78408 has a population of 10,111 and a median household income of $41,045.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

78407 vs 78408 →
Corpus Christi, TX
Typical home
$104,095
Gross yield
—
78401 vs 78408 →
Corpus Christi, TX
Typical home
$105,767
Gross yield
13.6%
78416
Corpus Christi, TX
Typical home
$110,173
Gross yield
—
78402
Corpus Christi, TX
Typical home
$85,894
Gross yield
—
78405
Corpus Christi, TX
Typical home
$79,319
Gross yield
—
78368
San Patricio, TX
Typical home
$128,574
Gross yield
—

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Pit ZIP 78408 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · TX78408

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