Is 78257, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 78257 was a Neutral Market.
Housing Prices in 78257, TX
How much do homes in 78257, TX cost?
Median Sold Price
$920,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 78257 was $920,000 in February 2024, up 5.8% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $195K | N/A |
2 Bedrooms | $595K | $616.5K | +3.6% |
3 Bedrooms | $725K | $725K | 0.0% |
4 Bedrooms | $844.7K | $915K | +8.3% |
5+ Bedrooms | $1.2M | $1.1M | -13.2% |
Summary: 78257 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 13.2%.
Housing Supply in 78257, TX
How many homes are available in 78257, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
65 | 73 | +12.3% |
Summary: The 78257 real estate market had 73 homes for sale in February 2024, a 12.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 29 | 33 | +13.8% |
5+ Bedrooms | 22 | 24 | +9.1% |
Summary: The 78257 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 78257 in February 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 78257, TX
How long does it take to sell a home in 78257, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
64 Days | 78 Days | +21.6% |
Summary: Homes in 78257 had an average of 78 days on market in Feb 2024, up by 21.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 4 homes were sold in 78257; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.