Is 78250, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78250 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 78250 has remained a Seller's Market.

Key Takeaway

78250 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78250, TX cost?

Median Sold Price

$229,877

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$34,711(+17.8%)

Key Takeaway

Homes in 78250 have sold for 17.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $87K$88.4K
+1.6%
2 $129.9K$155K
+19.3%
3 $190K$220K
+15.8%
4 $227.6K$269K
+18.2%
5+ $260K$290K
+11.5%

Median Sold Price Compared To Nearby Zip Codes

78250
+17.8%
78254
+15.1%
78240
+11.4%
78251
+11.1%

How many homes are available in 78250, TX?

Number of Homes For Sale

Nov 2021Dec 2021%
182160-12.1%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 11
0.0%
2 139
-30.8%
3 122115
-5.7%
4 4333
-23.3%
5+ 32
-33.3%

Number of Homes Sold

Nov 2021Dec 2021%
6764-4.5%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

43 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78250, you could pay more than the asking price. 67.2% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
25 Days28 Days+9.7%

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78250 are selling fast, if you're buying plan to act quickly.

About 78250, TX

Number of homes for sale in 78250, TX real estate market have reached 160. Between November 2021 and December 2021, 78250, TX real estate market has seen decrease in the number of listings by 12.1%. The median list price of listings available in December 2021 was $229,877, while the average time on the real estate market was 28 days. Between November 2021 and December 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 1.6% more expensive, 2 bedrooms properties became 19.3% more expensive, prices of 3 bedrooms properties increased by 15.8%, 4 bedrooms properties became 18.2% more expensive, 5 bedrooms properties became 11.5% more expensive. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 30.8%, the quantity of 3 bedrooms homes went down by 5.7%, 4 bedrooms homes inventory decreased by 23.3%, the quantity of 5 bedrooms homes went down by 33.3%. In December 2021, from all listings sold in 78250, TX there were more than 43 sold above asking price, over 14 sold below and more than 7 were sold right at the asked price.