Is 78660, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 78660 has remained a Seller's Market.
Housing Prices in 78660, TX
How much do homes in 78660, TX cost?
Median Sold Price
$410,463
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78660 was $410,463 in March 2024, down 10.5% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $321K | $300K | -6.5% |
3 Bedrooms | $416.7K | $368K | -11.7% |
4 Bedrooms | $506.5K | $456K | -10.0% |
5+ Bedrooms | $625K | $563.3K | -9.9% |
Summary: 78660 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.5%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 9.9%.
Housing Supply in 78660, TX
How many homes are available in 78660, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
354 | 373 | +5.4% |
Summary: The 78660 real estate market had 373 homes for sale in March 2024, a 5.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 177 | 181 | +2.3% |
4 Bedrooms | 142 | 152 | +7.0% |
5+ Bedrooms | 27 | 33 | +22.2% |
Summary: The 78660 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
83 | 93 | +12.0% |
Asking Price vs. Sold Price
56 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 93 homes were sold or pending in 78660 in March 2024, up by 12.0% month-over-month. Of the 93 sold homes, 60% were sold under asking, 20% were sold at asking, and 19% were sold over asking.
Days on Market for 78660, TX
How long does it take to sell a home in 78660, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 49 Days | -23.2% |
Summary: Homes in 78660 had an average of 49 days on market in Mar 2024, down by 23.2% compared to last year.
Breakdown of Home Sale Times
52 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During March 2024, 93 homes were sold in 78660; 56% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.