Is 78626, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78626 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78626 has remained a Seller's Market.

Key Takeaway

78626 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78626, TX cost?

Median Sold Price

$375,000

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$106,961(+39.9%)

Key Takeaway

Homes in 78626 have sold for 39.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $236.7K$207.5K
-12.4%
2 $289.5K$362.5K
+25.2%
3 $246.4K$350K
+42.0%
4 $285.5K$408.8K
+43.2%
5+ $326.4K$447.5K
+37.1%

Median Sold Price Compared To Nearby Zip Codes

78634
+40.8%
78626
+39.9%
78665
+37.5%
76537
+32.5%

How many homes are available in 78626, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
198173-12.6%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 21
-50.0%
2 2818
-35.7%
3 9992
-7.1%
4 6356
-11.1%
5+ 66
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
6772+7.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

48 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78626, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
45 Days12 Days-73.6%

Breakdown of Home Sale Times

66 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78626 are selling fast, if you're buying plan to act quickly.

About 78626, TX

78626, TX has 173 homes on the market. The number of listings in 78626, TX decreased by 12.6% between September 2021 and October 2021. In October 2021, listings were on the market for 12 days. During the same period, the median list price in this real estate market was $375,000. Listing prices have changed in this real estate market between September 2021 and October 2021: prices of 1 bedroom properties went down by 12.4%, prices of 2 bedrooms properties went up by 25.2%, prices of 3 bedrooms properties increased by 42%, the cost of 4 bedrooms properties went up by 43.2%, 5 bedrooms properties prices increased by 37.1%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 50% less available, 2 bedrooms homes inventory decreased by 35.7%, volume of 3 bedrooms homes went down by 7.1%, number of 4 bedrooms homes decreased by 11.1%, 5 bedrooms homes did not move. Over 48 listings were sold over their listed price in October 2021 in 78626, TX. In the same period over 11 listings were sold below the listed price and 13 listings were sold for the listed price.