Is 78619, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78619 is a buyer's market

Buyer's
Market

Difference Since October 2020

At the same time last year, 78619 was a Seller's Market.

Key Takeaway

78619 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78619, TX cost?

Median Sold Price

$901,500

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$251,500(+38.7%)

Key Takeaway

Homes in 78619 have sold for 38.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $325K$620K
+90.8%
2 $381.9K$725K
+89.8%
3 $560K$717.5K
+28.1%
4 $671.7K$978.7K
+45.7%
5+ $690K$1.2M
+79.3%

Median Sold Price Compared To Nearby Zip Codes

78737
+45.7%
78620
+41.7%
78619
+38.7%
78610
+36.5%
78676
+26.7%

How many homes are available in 78619, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
3427-20.6%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 10
-100.0%
2 11
0.0%
3 32
-33.3%
4 1916
-15.8%
5+ 108
-20.0%

Number of Homes Sold

Sep 2021Oct 2021%
113-72.7%

Asking Price vs. Sold Price

0 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 78619, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
74 Days4 Days-94.6%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78619 are selling fast, if you're buying plan to act quickly.

About 78619, TX

There are 27 homes are for sale in 78619, TX real estate market. In October 2021 in 78619, TX there were 20.6% less homes for sale than in September 2021. While the average time on the market in October 2021 was 4 days, the median list price was $901,500. Between September 2021 and October 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 90.8%, 2 bedrooms properties became 89.8% more expensive, the cost of 3 bedrooms properties went up by 28.1%, prices of 4 bedrooms properties went up by 45.7%, the cost of 5 bedrooms properties went up by 79.3%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory decreased by 100%, 2 bedrooms homes inventory did not change, 3 bedrooms homes became 33.3% less available, number of 4 bedrooms homes decreased by 15.8%, the quantity of 5 bedrooms homes went down by 20%. While more than 3 listings in 78619, TX in October 2021 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below.