Is 78654, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, 78654 was a Seller's Market.
Housing Prices in 78654, TX
How much do homes in 78654, TX cost?
Median Sold Price
$490,000
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in 78654 was $490,000 in June 2024, up 8.8% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215.9K | $203K | -6.0% |
2 Bedrooms | $380K | $307.5K | -19.1% |
3 Bedrooms | $415K | $430K | +3.6% |
4 Bedrooms | $625K | $625K | 0.0% |
5+ Bedrooms | $865K | $610K | -29.5% |
Summary: 78654 housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes decreased by 19.1%, 3 bedroom homes increased by 3.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 29.5%.
Housing Supply in 78654, TX
How many homes are available in 78654, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
160 | 179 | +11.9% |
Summary: The 78654 real estate market had 179 homes for sale in June 2024, a 11.9% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 85 | 101 | +18.8% |
4 Bedrooms | 49 | 53 | +8.2% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 78654 housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
12 | 14 | +16.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 78654 in June 2024, up by 16.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 78654, TX
How long does it take to sell a home in 78654, TX?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
96 Days | 54 Days | -43.5% |
Summary: Homes in 78654 had an average of 54 days on market in Jun 2024, down by 43.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 14 homes were sold in 78654; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.