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 2021

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

$309,924

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$42,007(+15.7%)

Key Takeaway

Homes in 78249 have sold for 15.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $116K-
N/A
2 $186.2K$235K
+26.2%
3 $255K$300K
+17.6%
4 $300K$345K
+15.0%
5+ $332K$419K
+26.2%

Median Sold Price Compared To Nearby Zip Codes

78256
+16.8%
78249
+15.7%
78240
+15.7%
78230
+7.6%
78231
+3.6%

How many homes are available in 78249, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
170152-10.6%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 912
+33.3%
3 10696
-9.4%
4 5241
-21.2%
5+ 33
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
6330-52.4%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78249, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
27 Days35 Days+26.8%

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

2 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 78249, TX

There are 152 homes are for sale in 78249, TX real estate market. The number of listings in 78249, TX decreased by 10.6% between September 2022 and October 2022. The median list price of listings available in October 2022 was $309,924, while the average time on the real estate market was 35 days. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 26.2%, 3 bedrooms properties became 17.6% more expensive, prices of 4 bedrooms properties went up by 15%, the cost of 5 bedrooms properties went up by 26.2%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 33.3%, number of 3 bedrooms homes decreased by 9.4%, number of 4 bedrooms homes decreased by 21.2%, number of 5 bedrooms homes remained the same. While more than 8 listings in 78249, TX in October 2022 were sold above asking price, there were more than 8 listings sold at asking price, and more than 14 were sold below.