Is 78634, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 78634 has remained a Seller's Market.
Housing Prices in 78634, TX
How much do homes in 78634, TX cost?
Median Sold Price
$377,909
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78634 was $377,909 in March 2024, down 9.1% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $445K | $210K | -52.8% |
2 Bedrooms | $300K | $247.5K | -17.5% |
3 Bedrooms | $389.9K | $345.3K | -11.4% |
4 Bedrooms | $440K | $398.7K | -9.4% |
5+ Bedrooms | $535K | $467K | -12.7% |
Summary: 78634 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.8%, 2 bedroom homes decreased by 17.5%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes decreased by 12.7%.
Housing Supply in 78634, TX
How many homes are available in 78634, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
284 | 280 | -1.4% |
Summary: The 78634 real estate market had 280 homes for sale in March 2024, a 1.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 110 | 100 | -9.1% |
4 Bedrooms | 137 | 142 | +3.6% |
5+ Bedrooms | 34 | 35 | +2.9% |
Summary: The 78634 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 2.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
72 | 69 | -4.2% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 69 homes were sold or pending in 78634 in March 2024, down by 4.2% month-over-month. Of the 69 sold homes, 49% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for 78634, TX
How long does it take to sell a home in 78634, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 41 Days | -29.1% |
Summary: Homes in 78634 had an average of 41 days on market in Mar 2024, down by 29.1% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 69 homes were sold in 78634; 61% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.