Is 78643, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 78643 was a Neutral Market.
Housing Prices in 78643, TX
How much do homes in 78643, TX cost?
Median Sold Price
$750,000
$380/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 78643 was $750,000 in February 2024, up 36.4% from last year, and the median price per square foot was $380.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.0M | - | N/A |
2 Bedrooms | $505K | $317.5K | -37.1% |
3 Bedrooms | $560.5K | $727.5K | +29.8% |
4 Bedrooms | $2.2M | $1.3M | -41.0% |
5+ Bedrooms | $165K | $1.9M | +1081.8% |
Summary: 78643 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.1%, 3 bedroom homes increased by 29.8%, 4 bedroom homes decreased by 41%, and 5+ bedroom homes increased by 1081.8%.
Median Sold Price Compared To Nearby Zip Codes
78639 | $487.5K | $670K | +37.4% |
78643 | $550K | $750K | +36.4% |
Housing Supply in 78643, TX
How many homes are available in 78643, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
29 | 31 | +6.9% |
Summary: The 78643 real estate market had 31 homes for sale in February 2024, a 6.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 78643 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 78643 in February 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 78643, TX
How long does it take to sell a home in 78643, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
96 Days | 115 Days | +19.9% |
Summary: Homes in 78643 had an average of 115 days on market in Feb 2024, up by 19.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in 78643; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.