Is 78249, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78249 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78249 has remained a Seller's Market.

Key Takeaway

78249 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78249, TX cost?

Median Sold Price

$267,678

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$29,678(+12.5%)

Key Takeaway

Homes in 78249 have sold for 12.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $104K$114.1K
+9.7%
2 $185K$191.5K
+3.5%
3 $226.4K$255K
+12.6%
4 $263K$300K
+14.1%
5+ $345K$332K
-3.8%

Median Sold Price Compared To Nearby Zip Codes

78240
+13.1%
78249
+12.5%
78230
+10.7%
78256
+6.8%

How many homes are available in 78249, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
187164-12.3%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 11
0.0%
2 1314
+7.7%
3 11088
-20.0%
4 5955
-6.8%
5+ 46
+50.0%

Number of Homes Sold

Sep 2021Oct 2021%
6949-29.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78249, you could pay more than the asking price. 49% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
38 Days21 Days-43.4%

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78249 are selling fast, if you're buying plan to act quickly.

About 78249, TX

78249, TX has 164 homes for sale to choose from. In October 2021 in 78249, TX there were 12.3% less homes for sale than in September 2021. The median list price of listings available in October 2021 was $267,678, while the average time on the real estate market was 21 days. From September 2021 through October 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 9.7%, prices of 2 bedrooms properties increased by 3.5%, prices of 3 bedrooms properties increased by 12.6%, prices of 4 bedrooms properties increased by 14.1%, 5 bedrooms properties prices decreased by 3.8%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went up by 7.7%, the quantity of 3 bedrooms homes went down by 20%, 4 bedrooms homes inventory decreased by 6.8%, volume of 5 bedrooms homes went up by 50%. In October 2021 more than 24 listings in 78249, TX were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 19 were sold below.