Is 78606, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78606 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78606 has remained a Seller's Market.

Key Takeaway

78606 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78606, TX cost?

Median Sold Price

$410,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$65,000(+18.8%)

Key Takeaway

Homes in 78606 have sold for 18.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 -$347.8K
N/A
2 $258.5K$360K
+39.3%
3 $375K$395K
+5.3%
4 $310.3K$575K
+85.3%
5+ $469.4K$872.5K
+85.8%

Median Sold Price Compared To Nearby Zip Codes

78636
+45.0%
78606
+18.8%
78070
+13.4%

How many homes are available in 78606, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
4348+11.6%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 76
-14.3%
3 2125
+19.0%
4 1315
+15.4%
5+ 22
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
610+66.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78606, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
75 Days32 Days-56.9%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78606 has remained consistent over time.

About 78606, TX

78606, TX has 48 homes for sale to choose from. Between September 2021 and October 2021, 78606, TX real estate market has seen increase in the number of listings by 11.6%. In October 2021 median list price was $410,000 and the average listing age was 32 days. Listing prices have changed in this real estate market between September 2021 and October 2021: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 39.3%, 3 bedrooms properties became 5.3% more expensive, prices of 4 bedrooms properties went up by 85.3%, 5 bedrooms properties became 85.8% more expensive. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 14.3%, 3 bedrooms homes became 19% more available, 4 bedrooms homes inventory increased by 15.4%, number of 5 bedrooms homes remained the same. 78606, TX housing market in October 2021 saw over 3 listings sold above listed price, more than 0 sold at listed price and over 7 sold below.