Is 78621, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 78621 was a Seller's Market.
Housing Prices in 78621, TX
How much do homes in 78621, TX cost?
Median Sold Price
$337,900
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78621 was $337,900 in April 2024, down 3.2% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $163.5K | -35.9% |
2 Bedrooms | $319K | $270K | -15.4% |
3 Bedrooms | $343.2K | $330K | -3.9% |
4 Bedrooms | $352.1K | $351.7K | -0.1% |
5+ Bedrooms | $433K | $374.9K | -13.4% |
Summary: 78621 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.9%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 13.4%.
Housing Supply in 78621, TX
How many homes are available in 78621, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
136 | 146 | +7.4% |
Summary: The 78621 real estate market had 146 homes for sale in April 2024, a 7.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 73 | 83 | +13.7% |
4 Bedrooms | 41 | 42 | +2.4% |
5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The 78621 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 22 | -18.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 78621 in April 2024, down by 18.5% month-over-month. Of the 22 sold homes, 36% were sold under asking, 32% were sold at asking, and 32% were sold over asking.
Days on Market for 78621, TX
How long does it take to sell a home in 78621, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 80 Days | +30.2% |
Summary: Homes in 78621 had an average of 80 days on market in Apr 2024, up by 30.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 78621; 27% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.