Is 78634, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78634 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 78634 has remained a Seller's Market.

Key Takeaway

78634 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78634, TX cost?

Median Sold Price

$385,708

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$119,985(+45.2%)

Key Takeaway

Homes in 78634 have sold for 45.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $247.5K$260K
+5.1%
3 $245.5K$361.8K
+47.4%
4 $284.7K$400.3K
+40.6%
5+ $327.4K$485K
+48.1%

Median Sold Price Compared To Nearby Zip Codes

78634
+45.2%
78664
+43.4%
78665
+42.8%
78660
+41.4%
78626
+38.3%

How many homes are available in 78634, TX?

Number of Homes For Sale

Nov 2021Dec 2021%
222171-23.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 23
+50.0%
3 11274
-33.9%
4 9079
-12.2%
5+ 1815
-16.7%

Number of Homes Sold

Nov 2021Dec 2021%
8676-11.6%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

41 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78634, you could pay more than the asking price. 53.9% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
10 Days18 Days+85.2%

Breakdown of Home Sale Times

59 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78634 are selling fast, if you're buying plan to act quickly.

About 78634, TX

78634, TX has 171 homes for sale to choose from. The number of homes for sale in 78634, TX decreased by 23% between November 2021 and December 2021. In December 2021, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $385,708. Real estate listing prices changed between November 2021 and December 2021: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 5.1%, prices of 3 bedrooms properties went up by 47.4%, 4 bedrooms properties prices increased by 40.6%, prices of 5 bedrooms properties increased by 48.1%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went up by 50%, number of 3 bedrooms homes decreased by 33.9%, 4 bedrooms homes inventory decreased by 12.2%, 5 bedrooms homes became 16.7% less available. In December 2021, from all listings sold in 78634, TX there were more than 41 sold above asking price, over 20 sold below and more than 15 were sold right at the asked price.