Is 78621, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78621 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 78621 has remained a Seller's Market.

Key Takeaway

78621 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78621, TX cost?

Median Sold Price

$290,050

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$70,050(+31.8%)

Key Takeaway

Homes in 78621 have sold for 31.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 -$250K
N/A
2 $187.4K$226.2K
+20.7%
3 $210.5K$284.2K
+35.0%
4 $229.9K$306.2K
+33.2%
5+ $261.7K$336.9K
+28.8%

Median Sold Price Compared To Nearby Zip Codes

78653
+43.1%
78621
+31.8%
78602
+29.6%

How many homes are available in 78621, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
5944-25.4%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 41
-75.0%
3 3627
-25.0%
4 1713
-23.5%
5+ 23
+50.0%

Number of Homes Sold

Oct 2021Nov 2021%
2420-16.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78621, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
55 Days16 Days-70.9%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78621 are selling fast, if you're buying plan to act quickly.

About 78621, TX

There are 44 homes are for sale in 78621, TX real estate market. In November 2021 in 78621, TX there were 25.4% less homes for sale than in October 2021. The median list price of listings available in November 2021 was $290,050, while the average time on the real estate market was 16 days. Real estate listing prices changed between October 2021 and November 2021: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 20.7%, prices of 3 bedrooms properties increased by 35%, 4 bedrooms properties prices increased by 33.2%, prices of 5 bedrooms properties went up by 28.8%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 75% less available, volume of 3 bedrooms homes went down by 25%, volume of 4 bedrooms homes went down by 23.5%, 5 bedrooms homes inventory increased by 50%. While more than 8 listings in 78621, TX in November 2021 were sold above asking price, there were more than 4 listings sold at asking price, and more than 8 were sold below.