Is 78666, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78666 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 78666 has remained a Seller's Market.

Key Takeaway

78666 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78666, TX cost?

Median Sold Price

$314,833

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$45,460(+16.9%)

Key Takeaway

Homes in 78666 have sold for 16.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $121K$130K
+7.4%
2 $223K$217K
-2.7%
3 $254K$301K
+18.5%
4 $306K$383.4K
+25.3%
5+ $327.5K$405.9K
+24.0%

Median Sold Price Compared To Nearby Zip Codes

78640
+40.3%
78676
+23.7%
78666
+16.9%

How many homes are available in 78666, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
161142-11.8%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 20
-100.0%
2 2322
-4.3%
3 8375
-9.6%
4 4033
-17.5%
5+ 1312
-7.7%

Number of Homes Sold

Oct 2021Nov 2021%
5141-19.6%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78666, you could pay more than the asking price. 39% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
74 Days24 Days-67.1%

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78666 are selling fast, if you're buying plan to act quickly.

About 78666, TX

78666, TX has 142 homes for sale to choose from. The inventory of homes for sale in 78666, TX between October 2021 and November 2021 decreased by 11.8%. Listings spent 24 days on the market in November 2021, and had a median list price of $314,833 during the same period. Real estate listing prices changed between October 2021 and November 2021: prices of 1 bedroom properties increased by 7.4%, prices of 2 bedrooms properties went down by 2.7%, 3 bedrooms properties became 18.5% more expensive, 4 bedrooms properties prices increased by 25.3%, 5 bedrooms properties became 24% more expensive. Volume of homes for sale changed: number of 1 bedroom homes decreased by 100%, volume of 2 bedrooms homes went down by 4.3%, the quantity of 3 bedrooms homes went down by 9.6%, 4 bedrooms homes became 17.5% less available, number of 5 bedrooms homes decreased by 7.7%. In November 2021, from all listings sold in 78666, TX there were more than 16 sold above asking price, over 15 sold below and more than 10 were sold right at the asked price.