Is 78244, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 78244 was a Seller's Market.
Housing Prices in 78244, TX
How much do homes in 78244, TX cost?
Median Sold Price
$250,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78244 was $250,000 in April 2024, down 4.8% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $262K | $145.9K | -44.3% |
2 Bedrooms | $156K | $172.1K | +10.4% |
3 Bedrooms | $250K | $240K | -4.0% |
4 Bedrooms | $285.4K | $278K | -2.6% |
5+ Bedrooms | $320K | $307.5K | -3.9% |
Summary: 78244 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.3%, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 3.9%.
Housing Supply in 78244, TX
How many homes are available in 78244, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
227 | 245 | +7.9% |
Summary: The 78244 real estate market had 245 homes for sale in April 2024, a 7.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 143 | 151 | +5.6% |
4 Bedrooms | 59 | 67 | +13.6% |
5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The 78244 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 28 | -37.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in 78244 in April 2024, down by 37.8% month-over-month. Of the 28 sold homes, 46% were sold under asking, 39% were sold at asking, and 14% were sold over asking.
Days on Market for 78244, TX
How long does it take to sell a home in 78244, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
85 Days | 102 Days | +20.5% |
Summary: Homes in 78244 had an average of 102 days on market in Apr 2024, up by 20.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in 78244; 18% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.