Is 78257, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78257 is a seller's market

Buyer's
Market

Difference Since November 2020

At the same time last year, 78257 was a Neutral Market.

Key Takeaway

78257 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78257, TX cost?

Median Sold Price

$729,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$86,550(+13.5%)

Key Takeaway

Homes in 78257 have sold for 13.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 $345K$1.3M
+294.2%
3 $505K$629K
+24.6%
4 $649.9K$729K
+12.2%
5+ $865K$975K
+12.7%

Median Sold Price Compared To Nearby Zip Codes

78258
+17.8%
78256
+14.4%
78257
+13.5%
78249
+11.3%
78255
+10.6%

How many homes are available in 78257, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
6563-3.1%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 11
0.0%
3 1211
-8.3%
4 2225
+13.6%
5+ 3026
-13.3%

Number of Homes Sold

Oct 2021Nov 2021%
1014+40.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78257, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
113 Days41 Days-63.4%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78257 has remained consistent over time.

About 78257, TX

There are 63 homes are for sale in 78257, TX real estate market. The number of homes for sale in 78257, TX decreased by 3.1% between October 2021 and November 2021. Listings spent 41 days on the market in November 2021, and had a median list price of $729,000 during the same period. Real estate listing prices changed between October 2021 and November 2021: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 294.2% more expensive, prices of 3 bedrooms properties went up by 24.6%, the cost of 4 bedrooms properties went up by 12.2%, the cost of 5 bedrooms properties went up by 12.7%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes stayed the same, volume of 3 bedrooms homes went down by 8.3%, number of 4 bedrooms homes increased by 13.6%, number of 5 bedrooms homes decreased by 13.3%. 78257, TX housing market in November 2021 saw over 2 listings sold above listed price, more than 4 sold at listed price and over 8 sold below.