Is 78249, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 78249 has remained a Seller's Market.
Housing Prices in 78249, TX
How much do homes in 78249, TX cost?
Median Sold Price
$315,444
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78249 was $315,444 in March 2024, up 1.8% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $144K | N/A |
2 Bedrooms | $215K | $218.9K | +1.9% |
3 Bedrooms | $300K | $305K | +1.7% |
4 Bedrooms | $352.5K | $344K | -2.4% |
5+ Bedrooms | $419K | $420K | 0.2% |
Summary: 78249 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 0.2%.
Housing Supply in 78249, TX
How many homes are available in 78249, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
173 | 183 | +5.8% |
Summary: The 78249 real estate market had 183 homes for sale in March 2024, a 5.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 11 | -21.4% |
3 Bedrooms | 100 | 102 | +2.0% |
4 Bedrooms | 48 | 57 | +18.8% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The 78249 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 47 | +14.6% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in 78249 in March 2024, up by 14.6% month-over-month. Of the 47 sold homes, 60% were sold under asking, 26% were sold at asking, and 15% were sold over asking.
Days on Market for 78249, TX
How long does it take to sell a home in 78249, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
76 Days | 69 Days | -8.7% |
Summary: Homes in 78249 had an average of 69 days on market in Mar 2024, down by 8.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During March 2024, 47 homes were sold in 78249; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.