Is 78644, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78644 is a neutral's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 78644 was a Seller's Market.

Key Takeaway

78644 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 78644, TX cost?

Median Sold Price

$335,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$85,000(+34.0%)

Key Takeaway

Homes in 78644 have sold for 34% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $113.5K$210K
+85.0%
2 $185K$257K
+38.9%
3 $245K$327K
+33.5%
4 $332.5K$395.9K
+19.1%
5+ $237K$592K
+149.8%

How many homes are available in 78644, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
5658+3.6%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 22
0.0%
2 1213
+8.3%
3 2626
0.0%
4 1415
+7.1%
5+ 22
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
139-30.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78644, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
6 Days18 Days+173.5%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78644 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 78644, TX

78644, TX has 58 homes for sale to choose from. The number of homes for sale in 78644, TX increased by 3.6% between September 2022 and October 2022. While the average time on the market in October 2022 was 18 days, the median list price was $335,000. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 85%, 2 bedrooms properties became 38.9% more expensive, 3 bedrooms properties prices increased by 33.5%, prices of 4 bedrooms properties increased by 19.1%, 5 bedrooms properties prices increased by 149.8%. 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 8.3% more available, 3 bedrooms homes did not move, volume of 4 bedrooms homes went up by 7.1%, volume of 5 bedrooms homes stayed the same. Over 2 listings were sold over their listed price in October 2022 in 78644, TX. In the same period over 5 listings were sold below the listed price and 2 listings were sold for the listed price.