Is 78654, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78654 is a seller's market

Buyer's
Market

Difference Since October 2020

At the same time last year, 78654 was a Neutral Market.

Key Takeaway

78654 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78654, TX cost?

Median Sold Price

$447,300

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$102,300(+29.7%)

Key Takeaway

Homes in 78654 have sold for 29.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $650K$137.5K
-78.8%
2 $215K$250.7K
+16.6%
3 $304.2K$424.5K
+39.5%
4 $485K$662.5K
+36.6%
5+ $1.2M$762.5K
-36.5%

Median Sold Price Compared To Nearby Zip Codes

78669
+32.3%
78611
+31.0%
78654
+29.7%
78657
+27.5%

How many homes are available in 78654, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
8677-10.5%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 32
-33.3%
2 119
-18.2%
3 5147
-7.8%
4 1413
-7.1%
5+ 76
-14.3%

Number of Homes Sold

Sep 2021Oct 2021%
2714-48.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78654, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
74 Days26 Days-64.7%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78654 are selling fast, if you're buying plan to act quickly.

About 78654, TX

There are 77 homes are for sale in 78654, TX real estate market. The inventory of homes for sale in 78654, TX between September 2021 and October 2021 decreased by 10.5%. While the average time on the market in October 2021 was 26 days, the median list price was $447,300. This housing market listing prices have changed between September 2021 and October 2021: 1 bedroom properties prices decreased by 78.8%, prices of 2 bedrooms properties increased by 16.6%, prices of 3 bedrooms properties increased by 39.5%, the cost of 4 bedrooms properties went up by 36.6%, the cost of 5 bedrooms properties went down by 36.5%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went down by 33.3%, 2 bedrooms homes inventory decreased by 18.2%, the quantity of 3 bedrooms homes went down by 7.8%, 4 bedrooms homes inventory decreased by 7.1%, volume of 5 bedrooms homes went down by 14.3%. In October 2021, from all listings sold in 78654, TX there were more than 3 sold above asking price, over 9 sold below and more than 2 were sold right at the asked price.