Is 78665, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78665 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78665 has remained a Seller's Market.

Key Takeaway

78665 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78665, TX cost?

Median Sold Price

$439,569

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$119,786(+37.5%)

Key Takeaway

Homes in 78665 have sold for 37.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 --
N/A
2 $285K$350K
+22.8%
3 $275K$390K
+41.8%
4 $350K$485.6K
+38.7%
5+ $430K$650K
+51.2%

Median Sold Price Compared To Nearby Zip Codes

78681
+43.2%
78634
+40.8%
78626
+39.9%
78664
+39.3%
78665
+37.5%

How many homes are available in 78665, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
248224-9.7%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 68
+33.3%
3 10892
-14.8%
4 115107
-7.0%
5+ 1917
-10.5%

Number of Homes Sold

Sep 2021Oct 2021%
9484-10.6%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

48 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78665, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
20 Days15 Days-24.2%

Breakdown of Home Sale Times

70 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78665 are selling fast, if you're buying plan to act quickly.

About 78665, TX

78665, TX has 224 homes for sale to choose from. The number of homes for sale in 78665, TX decreased by 9.7% between September 2021 and October 2021. In October 2021, listings were on the market for 15 days. During the same period, the median list price in this real estate market was $439,569. This housing market listing prices have changed between September 2021 and October 2021: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 22.8%, prices of 3 bedrooms properties went up by 41.8%, prices of 4 bedrooms properties went up by 38.7%, 5 bedrooms properties prices increased by 51.2%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 33.3%, 3 bedrooms homes became 14.8% less available, 4 bedrooms homes became 7% less available, volume of 5 bedrooms homes went down by 10.5%. While more than 48 listings in 78665, TX in October 2021 were sold above asking price, there were more than 15 listings sold at asking price, and more than 21 were sold below.