Is 78258, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 78258 has remained a Seller's Market.
Housing Prices in 78258, TX
How much do homes in 78258, TX cost?
Median Sold Price
$490,466
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78258 was $490,466 in March 2024, up 0.9% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $385K | $369.5K | -4.0% |
3 Bedrooms | $400K | $414.5K | +3.6% |
4 Bedrooms | $498K | $499.8K | 0.4% |
5+ Bedrooms | $625K | $611K | -2.2% |
Summary: 78258 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 2.2%.
Housing Supply in 78258, TX
How many homes are available in 78258, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
173 | 196 | +13.3% |
Summary: The 78258 real estate market had 196 homes for sale in March 2024, a 13.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 45 | 53 | +17.8% |
4 Bedrooms | 97 | 106 | +9.3% |
5+ Bedrooms | 31 | 36 | +16.1% |
Summary: The 78258 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 16.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 42 | +50.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in 78258 in March 2024, up by 50.0% month-over-month. Of the 42 sold homes, 60% were sold under asking, 21% were sold at asking, and 19% were sold over asking.
Days on Market for 78258, TX
How long does it take to sell a home in 78258, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 52 Days | +23.1% |
Summary: Homes in 78258 had an average of 52 days on market in Mar 2024, up by 23.1% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 42 homes were sold in 78258; 48% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.