Is 78258, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78258 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78258 has remained a Seller's Market.

Key Takeaway

78258 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78258, TX cost?

Median Sold Price

$423,085

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$73,085(+20.9%)

Key Takeaway

Homes in 78258 have sold for 20.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 --
N/A
2 $231K$277.7K
+20.2%
3 $285.5K$342K
+19.8%
4 $360K$430.1K
+19.5%
5+ $405K$542K
+33.8%

Median Sold Price Compared To Nearby Zip Codes

78258
+20.9%
78259
+19.8%
78260
+18.3%
78248
+17.1%
78232
+13.2%

How many homes are available in 78258, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
211194-8.1%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 00
0.0%
3 5452
-3.7%
4 124109
-12.1%
5+ 3333
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
6955-20.3%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78258, you could pay more than the asking price. 43.6% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
39 Days36 Days-6.1%

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78258 are selling fast, if you're buying plan to act quickly.

About 78258, TX

78258, TX has 194 homes for sale to choose from. Between September 2021 and October 2021, 78258, TX real estate market has seen decrease in the number of listings by 8.1%. In October 2021, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $423,085. From September 2021 through October 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 20.2%, 3 bedrooms properties became 19.8% more expensive, 4 bedrooms properties became 19.5% more expensive, the cost of 5 bedrooms properties went up by 33.8%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory decreased by 3.7%, the quantity of 4 bedrooms homes went down by 12.1%, the quantity of 5 bedrooms homes have not changed. In October 2021, from all listings sold in 78258, TX there were more than 24 sold above asking price, over 21 sold below and more than 10 were sold right at the asked price.