Is 78624, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78624 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 78624 was a Neutral Market.

Key Takeaway

78624 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78624, TX cost?

Median Sold Price

$859,900

$405/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

+$95,900(+12.6%)

Key Takeaway

Homes in 78624 have sold for 12.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 --
N/A
3 $764K$859.9K
+12.6%
4 --
N/A
5+ --
N/A

How many homes are available in 78624, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
8187+7.4%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 12
+100.0%
2 79
+28.6%
3 2732
+18.5%
4 3532
-8.6%
5+ 1112
+9.1%

Number of Homes Sold

Sep 2022Oct 2022%
12120.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78624, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Sep 2022Oct 2022%
36 Days67 Days+86.1%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78624 has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 78624, TX

78624, TX has 87 homes on the market. The number of homes for sale in 78624, TX increased by 7.4% between September 2022 and October 2022. The median list price of listings available in October 2022 was $859,900, while the average time on the real estate market was 67 days. This housing market listing prices have changed between October 2021 and October 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 0% more expensive, prices of 3 bedrooms properties went up by 12.6%, prices of 4 bedrooms properties increased by 0%, 5 bedrooms properties became 0% more expensive. Volume of homes for sale changed: 1 bedroom homes became 100% more available, the quantity of 2 bedrooms homes went up by 28.6%, the quantity of 3 bedrooms homes went up by 18.5%, 4 bedrooms homes became 8.6% less available, 5 bedrooms homes became 9.1% more available. 78624, TX housing market in October 2022 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 5 sold below.