Is 78264, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 78264 was a Buyer's Market.
Housing Prices in 78264, TX
How much do homes in 78264, TX cost?
Median Sold Price
$222,999
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 78264 was $222,999 in February 2024, down 0.9% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $239.9K | N/A |
2 Bedrooms | $210K | $175K | -16.7% |
3 Bedrooms | $253.5K | $224K | -11.6% |
4 Bedrooms | $250K | $229.7K | -8.1% |
5+ Bedrooms | $260K | $460K | +76.9% |
Summary: 78264 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 76.9%.
Housing Supply in 78264, TX
How many homes are available in 78264, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
36 | 37 | +2.8% |
Summary: The 78264 real estate market had 37 homes for sale in February 2024, a 2.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 16 | 16 | 0.0% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 78264 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 78264 in February 2024, up by 50.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.
Days on Market for 78264, TX
How long does it take to sell a home in 78264, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
31 Days | 62 Days | +99.6% |
Summary: Homes in 78264 had an average of 62 days on market in Feb 2024, up by 99.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 9 homes were sold in 78264; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.