Is 78657, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78657 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78657 has remained a Seller's Market.

Key Takeaway

78657 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78657, TX cost?

Median Sold Price

$567,500

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$122,500(+27.5%)

Key Takeaway

Homes in 78657 have sold for 27.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $120K$300K
+150.0%
2 $339K$310K
-8.6%
3 $375K$507K
+35.2%
4 $740K$1.0M
+45.8%
5+ $2.0M$3.0M
+52.5%

Median Sold Price Compared To Nearby Zip Codes

78643
+50.7%
78654
+29.7%
78657
+27.5%

How many homes are available in 78657, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
8680-7.0%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 33
0.0%
2 1113
+18.2%
3 4439
-11.4%
4 1514
-6.7%
5+ 1311
-15.4%

Number of Homes Sold

Sep 2021Oct 2021%
1922+15.8%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78657, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
71 Days63 Days-10.1%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78657 are selling fast, if you're buying plan to act quickly.

About 78657, TX

There are 80 homes are for sale in 78657, TX real estate market. The number of listings in 78657, TX decreased by 7% between September 2021 and October 2021. While the average time on the market in October 2021 was 63 days, the median list price was $567,500. This housing market listing prices have changed between September 2021 and October 2021: the cost of 1 bedroom properties went up by 150%, prices of 2 bedrooms properties decreased by 8.6%, 3 bedrooms properties became 35.2% more expensive, 4 bedrooms properties prices increased by 45.8%, prices of 5 bedrooms properties went up by 52.5%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, 2 bedrooms homes became 18.2% more available, 3 bedrooms homes inventory decreased by 11.4%, the quantity of 4 bedrooms homes went down by 6.7%, number of 5 bedrooms homes decreased by 15.4%. In October 2021 more than 4 listings in 78657, TX were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 15 were sold below.