Is 78641, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78641 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 78641 has remained a Seller's Market.

Key Takeaway

78641 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78641, TX cost?

Median Sold Price

$445,617

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$125,117(+39.0%)

Key Takeaway

Homes in 78641 have sold for 39% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $346.7K$1.0M
+205.7%
2 $255K$335K
+31.4%
3 $267.6K$390K
+45.7%
4 $384.9K$519K
+34.8%
5+ $497.4K$677.5K
+36.2%

Median Sold Price Compared To Nearby Zip Codes

78681
+45.2%
78613
+43.4%
78641
+39.0%
78645
+35.6%
78726
+35.3%

How many homes are available in 78641, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
437361-17.4%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 11
0.0%
2 1318
+38.5%
3 196161
-17.9%
4 190146
-23.2%
5+ 3735
-5.4%

Number of Homes Sold

Oct 2021Nov 2021%
164111-32.3%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

66 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78641, you could pay more than the asking price. 59.5% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
29 Days17 Days-40.7%

Breakdown of Home Sale Times

92 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78641 are selling fast, if you're buying plan to act quickly.

About 78641, TX

78641, TX has 361 homes for sale to choose from. The number of homes for sale in 78641, TX decreased by 17.4% between October 2021 and November 2021. In November 2021 median list price was $445,617 and the average listing age was 17 days. Listing prices have changed in this real estate market between October 2021 and November 2021: the cost of 1 bedroom properties went up by 205.7%, the cost of 2 bedrooms properties went up by 31.4%, the cost of 3 bedrooms properties went up by 45.7%, 4 bedrooms properties became 34.8% more expensive, the cost of 5 bedrooms properties went up by 36.2%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, 2 bedrooms homes became 38.5% more available, the quantity of 3 bedrooms homes went down by 17.9%, 4 bedrooms homes inventory decreased by 23.2%, 5 bedrooms homes inventory decreased by 5.4%. 78641, TX housing market in November 2021 saw over 66 listings sold above listed price, more than 11 sold at listed price and over 34 sold below.