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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78644 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78644 has remained a Seller's Market.

Key Takeaway

78644 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78644, TX cost?

Median Sold Price

$250,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$37,100(+17.4%)

Key Takeaway

Homes in 78644 have sold for 17.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $95.2K$113.5K
+19.2%
2 $136.5K$187.5K
+37.4%
3 $208.5K$244.9K
+17.5%
4 $270K$332.5K
+23.1%
5+ $270K$237K
-12.2%

Median Sold Price Compared To Nearby Zip Codes

78616
+49.4%
78644
+17.4%

How many homes are available in 78644, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
4649+6.5%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 31
-66.7%
2 78
+14.3%
3 2125
+19.0%
4 1412
-14.3%
5+ 13
+200.0%

Number of Homes Sold

Sep 2021Oct 2021%
1914-26.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78644, you could pay more than the asking price. 78.6% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
60 Days6 Days-88.9%

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

0 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.

About 78644, TX

There are 49 homes are for sale in 78644, TX real estate market. The inventory of homes for sale in 78644, TX between September 2021 and October 2021 increased by 6.5%. Listings spent 6 days on the market in October 2021, and had a median list price of $250,000 during the same period. This housing market listing prices have changed between September 2021 and October 2021: 1 bedroom properties prices increased by 19.2%, 2 bedrooms properties prices increased by 37.4%, 3 bedrooms properties prices increased by 17.5%, prices of 4 bedrooms properties increased by 23.1%, the cost of 5 bedrooms properties went down by 12.2%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory decreased by 66.7%, 2 bedrooms homes became 14.3% more available, number of 3 bedrooms homes increased by 19%, volume of 4 bedrooms homes went down by 14.3%, 5 bedrooms homes became 200% more available. While more than 11 listings in 78644, TX in October 2021 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below.