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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78666 is a neutral's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 78666 was a Seller's Market.

Key Takeaway

78666 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 78666, TX cost?

Median Sold Price

$381,460

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$66,108(+21.0%)

Key Takeaway

Homes in 78666 have sold for 21% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $125K$167.4K
+34.0%
2 $217K$307.7K
+41.8%
3 $301.1K$365K
+21.2%
4 $383.4K$439.2K
+14.6%
5+ $405.9K$480K
+18.2%

Median Sold Price Compared To Nearby Zip Codes

78676
+28.8%
78666
+21.0%
78640
+15.8%
78655
-7.4%

How many homes are available in 78666, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
208200-3.8%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 55
0.0%
2 2424
0.0%
3 124120
-3.2%
4 4240
-4.8%
5+ 1311
-15.4%

Number of Homes Sold

Oct 2022Nov 2022%
3829-23.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78666, you may be able to get a good deal. 58.6% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
22 Days25 Days+10.2%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

0 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 78666, TX

78666, TX has 200 homes on the market. The inventory of homes for sale in 78666, TX between October 2022 and November 2022 decreased by 3.8%. In November 2022, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $381,460. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 34% more expensive, prices of 2 bedrooms properties increased by 41.8%, prices of 3 bedrooms properties went up by 21.2%, prices of 4 bedrooms properties increased by 14.6%, prices of 5 bedrooms properties increased by 18.2%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory did not change, 3 bedrooms homes inventory decreased by 3.2%, number of 4 bedrooms homes decreased by 4.8%, volume of 5 bedrooms homes went down by 15.4%. In November 2022, from all listings sold in 78666, TX there were more than 3 sold above asking price, over 17 sold below and more than 9 were sold right at the asked price.