Is 78259, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78259 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78259 has remained a Seller's Market.

Key Takeaway

78259 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78259, TX cost?

Median Sold Price

$359,475

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$59,475(+19.8%)

Key Takeaway

Homes in 78259 have sold for 19.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 --
N/A
2 $310K$215K
-30.6%
3 $265K$318.2K
+20.1%
4 $320K$380.1K
+18.8%
5+ $388.9K$419.5K
+7.9%

Median Sold Price Compared To Nearby Zip Codes

78258
+20.9%
78261
+20.1%
78259
+19.8%
78232
+13.2%
78247
+11.1%

How many homes are available in 78259, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
121114-5.8%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 00
0.0%
3 4842
-12.5%
4 6060
0.0%
5+ 1312
-7.7%

Number of Homes Sold

Sep 2021Oct 2021%
4940-18.4%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78259, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
39 Days31 Days-19.9%

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78259 are selling fast, if you're buying plan to act quickly.

About 78259, TX

78259, TX has 114 homes on the market. Between September 2021 and October 2021, 78259, TX real estate market has seen decrease in the number of listings by 5.8%. In October 2021, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $359,475. This housing market listing prices have changed between September 2021 and October 2021: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 30.6% more cheaper, prices of 3 bedrooms properties went up by 20.1%, 4 bedrooms properties became 18.8% more expensive, the cost of 5 bedrooms properties went up by 7.9%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes became 12.5% less available, number of 4 bedrooms homes remained the same, number of 5 bedrooms homes decreased by 7.7%. In October 2021 more than 15 listings in 78259, TX were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 18 were sold below.