Is 78652, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78652 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 78652 was a Seller's Market.

Key Takeaway

78652 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78652, TX cost?

Median Sold Price

$560,000

$264/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$70,000(+14.3%)

Key Takeaway

Homes in 78652 have sold for 14.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $496.5K-
N/A
3 $450K$520K
+15.6%
4 $510K$600K
+17.6%
5+ $720K$820K
+13.9%

Median Sold Price Compared To Nearby Zip Codes

78610
+21.1%
78739
+17.8%
78652
+14.3%
78748
+13.4%
78747
+11.9%

How many homes are available in 78652, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
2429+20.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 01
+100.0%
2 00
0.0%
3 1415
+7.1%
4 1012
+20.0%
5+ 01
+100.0%

Number of Homes Sold

Sep 2022Oct 2022%
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78652, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Average Sale Time

Oct 2021Oct 2022%
15 Days13 Days-16.5%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78652 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 78652, TX

78652, TX has 29 homes on the market. The inventory of homes for sale in 78652, TX between September 2022 and October 2022 increased by 20.8%. The median list price of listings available in October 2022 was $560,000, while the average time on the real estate market was 13 days. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties became 15.6% more expensive, 4 bedrooms properties prices increased by 17.6%, the cost of 5 bedrooms properties went up by 13.9%. Volume of homes for sale changed: volume of 1 bedroom homes went up by 100%, volume of 2 bedrooms homes stayed the same, the quantity of 3 bedrooms homes went up by 7.1%, 4 bedrooms homes became 20% more available, number of 5 bedrooms homes increased by 100%. In October 2022, from all listings sold in 78652, TX there were more than 0 sold above asking price, over 1 sold below and more than 2 were sold right at the asked price.