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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78257 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 78257 was a Seller's Market.

Key Takeaway

78257 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78257, TX cost?

Median Sold Price

$851,334

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$122,334(+16.8%)

Key Takeaway

Homes in 78257 have sold for 16.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $1.3M$552.5K
-59.4%
3 $629K$725K
+15.3%
4 $729K$849.5K
+16.5%
5+ $975K$1.0M
+12.3%

Median Sold Price Compared To Nearby Zip Codes

78255
+21.8%
78257
+16.8%
78249
+14.8%
78256
+13.3%
78258
+12.4%

How many homes are available in 78257, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
7065-7.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 10
-100.0%
3 1413
-7.1%
4 3126
-16.1%
5+ 2426
+8.3%

Number of Homes Sold

Oct 2022Nov 2022%
154-73.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 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. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
41 Days47 Days+13.3%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78257 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 78257, TX

There are 65 homes are for sale in 78257, TX real estate market. The number of listings in 78257, TX decreased by 7.1% between October 2022 and November 2022. Listings spent 47 days on the market in November 2022, and had a median list price of $851,334 during the same period. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties decreased by 59.4%, prices of 3 bedrooms properties increased by 15.3%, 4 bedrooms properties prices increased by 16.5%, the cost of 5 bedrooms properties went up by 12.3%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 100% less available, volume of 3 bedrooms homes went down by 7.1%, 4 bedrooms homes inventory decreased by 16.1%, volume of 5 bedrooms homes went up by 8.3%. Over 0 listings were sold over their listed price in November 2022 in 78257, TX. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price.