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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78624 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 78624 was a Buyer's Market.

Key Takeaway

78624 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78624, TX cost?

Median Sold Price

$538,000

$396/sqft

Based on all homes sold in October 2021.

Difference Since Last Month

-$107,000(-16.6%)

Key Takeaway

Homes in 78624 have sold for 16.6% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Oct 2021%
1 -$585K
N/A
2 -$585K
N/A
3 $645K$530.7K
-17.7%
4 --
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

78013
+416.9%
78624
-16.6%

How many homes are available in 78624, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
6664-3.0%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 22
0.0%
2 43
-25.0%
3 3230
-6.3%
4 1819
+5.6%
5+ 1010
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
815+87.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 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. 66.7% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Oct 2021%
28 Days25 Days-8.3%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78624 are selling fast, if you're buying plan to act quickly.

About 78624, TX

There are 64 homes are for sale in 78624, TX real estate market. In October 2021 in 78624, TX there were 3% less homes for sale than in September 2021. The median list price of listings available in October 2021 was $538,000, while the average time on the real estate market was 25 days. This housing market listing prices have changed between October 2020 and October 2021: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 0%, prices of 3 bedrooms properties went down by 17.7%, prices of 4 bedrooms properties went up by 0%, the cost of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 25% less available, number of 3 bedrooms homes decreased by 6.3%, number of 4 bedrooms homes increased by 5.6%, number of 5 bedrooms homes remained the same. While more than 0 listings in 78624, TX in October 2021 were sold above asking price, there were more than 2 listings sold at asking price, and more than 4 were sold below.