Is 78260, 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, 78260 has remained a Seller's Market.
Housing Prices in 78260, TX
How much do homes in 78260, TX cost?
Median Sold Price
$533,633
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78260 was $533,633 in March 2024, up 3.6% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $362K | N/A |
2 Bedrooms | $461.7K | $407.7K | -11.7% |
3 Bedrooms | $400K | $428K | +7.0% |
4 Bedrooms | $566.1K | $579K | +2.3% |
5+ Bedrooms | $646.5K | $752.3K | +16.4% |
Summary: 78260 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 11.7%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 16.4%.
Housing Supply in 78260, TX
How many homes are available in 78260, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
248 | 291 | +17.3% |
Summary: The 78260 real estate market had 291 homes for sale in March 2024, a 17.3% 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 | 3 | 2 | -33.3% |
3 Bedrooms | 83 | 96 | +15.7% |
4 Bedrooms | 138 | 162 | +17.4% |
5+ Bedrooms | 24 | 31 | +29.2% |
Summary: The 78260 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 decreased by 33.3%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 29.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 54 | +68.8% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in 78260 in March 2024, up by 68.8% month-over-month. Of the 54 sold homes, 59% were sold under asking, 28% were sold at asking, and 13% were sold over asking.
Days on Market for 78260, TX
How long does it take to sell a home in 78260, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
53 Days | 70 Days | +31.4% |
Summary: Homes in 78260 had an average of 70 days on market in Mar 2024, up by 31.4% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During March 2024, 54 homes were sold in 78260; 46% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.