Is 78653, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78653 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78653 has remained a Seller's Market.

Key Takeaway

78653 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78653, TX cost?

Median Sold Price

$331,406

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$95,474(+40.5%)

Key Takeaway

Homes in 78653 have sold for 40.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $133K-
N/A
2 $185K$259K
+40.0%
3 $223K$320K
+43.5%
4 $256K$351.7K
+37.4%
5+ $330.8K$410K
+23.9%

Median Sold Price Compared To Nearby Zip Codes

78725
+43.6%
78653
+40.5%
78754
+40.0%
78660
+39.4%
78724
+36.5%

How many homes are available in 78653, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
152144-5.3%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 30
-100.0%
3 8890
+2.3%
4 5147
-7.8%
5+ 107
-30.0%

Number of Homes Sold

Sep 2021Oct 2021%
5840-31.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78653, you could pay more than the asking price. 65% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
27 Days12 Days-56.7%

Breakdown of Home Sale Times

37 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 78653 are selling fast, if you're buying plan to act quickly.

About 78653, TX

Homes for sale in 78653, TX have reached 144. Between September 2021 and October 2021, 78653, TX real estate market has seen decrease in the number of listings by 5.3%. While the average time on the market in October 2021 was 12 days, the median list price was $331,406. Real estate listing prices changed between September 2021 and October 2021: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 40%, the cost of 3 bedrooms properties went up by 43.5%, prices of 4 bedrooms properties went up by 37.4%, prices of 5 bedrooms properties increased by 23.9%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes inventory decreased by 100%, 3 bedrooms homes became 2.3% more available, 4 bedrooms homes became 7.8% less available, volume of 5 bedrooms homes went down by 30%. In October 2021, from all listings sold in 78653, TX there were more than 26 sold above asking price, over 10 sold below and more than 4 were sold right at the asked price.