Is 78659, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 78659 has remained a Buyer's Market.
Housing Prices in 78659, TX
How much do homes in 78659, TX cost?
Median Sold Price
$369,900
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78659 was $369,900 in April 2024, down 8.7% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $299.5K | +81.5% |
2 Bedrooms | $290K | $250K | -13.8% |
3 Bedrooms | $400K | $381.7K | -4.6% |
4 Bedrooms | $429K | $586K | +36.6% |
5+ Bedrooms | $650.6K | $777.5K | +19.5% |
Summary: 78659 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 81.5%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 36.6%, and 5+ bedroom homes increased by 19.5%.
Housing Supply in 78659, TX
How many homes are available in 78659, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 24 | +26.3% |
Summary: The 78659 real estate market had 24 homes for sale in April 2024, a 26.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 9 | 12 | +33.3% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 78659 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 78659 in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 78659, TX
How long does it take to sell a home in 78659, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 57 Days | -16.2% |
Summary: Homes in 78659 had an average of 57 days on market in Apr 2024, down by 16.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in 78659; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.