Is 78256, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78256 is a neutral's market

Buyer's
Market

Difference Since November 2020

At the same time last year, 78256 was a Seller's Market.

Key Takeaway

78256 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 78256, TX cost?

Median Sold Price

$484,500

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$61,105(+14.4%)

Key Takeaway

Homes in 78256 have sold for 14.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 -$1.1M
N/A
3 $386.7K$432.5K
+11.8%
4 $440.2K$475K
+7.9%
5+ $610K$640K
+4.9%

Median Sold Price Compared To Nearby Zip Codes

78023
+14.6%
78256
+14.4%
78257
+13.5%
78249
+11.3%
78255
+10.6%

How many homes are available in 78256, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
3027-10.0%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 00
0.0%
3 910
+11.1%
4 1313
0.0%
5+ 84
-50.0%

Number of Homes Sold

Oct 2021Nov 2021%
124-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78256, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Nov 2020Nov 2021%
87 Days44 Days-49.7%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78256 are selling fast, if you're buying plan to act quickly.

About 78256, TX

78256, TX has 27 homes for sale to choose from. The number of listings in 78256, TX decreased by 10% between October 2021 and November 2021. While the average time on the market in November 2021 was 44 days, the median list price was $484,500. Real estate listing prices changed between October 2021 and November 2021: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0% more expensive, prices of 3 bedrooms properties increased by 11.8%, prices of 4 bedrooms properties increased by 7.9%, the cost of 5 bedrooms properties went up by 4.9%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes became 11.1% more available, volume of 4 bedrooms homes stayed the same, the quantity of 5 bedrooms homes went down by 50%. 78256, TX housing market in November 2021 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 1 sold below.