Is 78669, 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, 78669 has remained a Buyer's Market.
Housing Prices in 78669, TX
How much do homes in 78669, TX cost?
Median Sold Price
$831,500
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78669 was $831,500 in March 2024, down 5.5% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $362K | $390K | +7.7% |
2 Bedrooms | $792.5K | $405.9K | -48.8% |
3 Bedrooms | $725K | $635.3K | -12.4% |
4 Bedrooms | $965K | $856K | -11.3% |
5+ Bedrooms | $1.3M | $1.1M | -15.2% |
Summary: 78669 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 48.8%, 3 bedroom homes decreased by 12.4%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 15.2%.
Housing Supply in 78669, TX
How many homes are available in 78669, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
294 | 369 | +25.5% |
Summary: The 78669 real estate market had 369 homes for sale in March 2024, a 25.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 10 | 0.0% |
2 Bedrooms | 18 | 21 | +16.7% |
3 Bedrooms | 77 | 102 | +32.5% |
4 Bedrooms | 118 | 149 | +26.3% |
5+ Bedrooms | 71 | 87 | +22.5% |
Summary: The 78669 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 increased by 16.7%, 3 bedroom homes increased by 32.5%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 22.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 30 | +3.4% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 78669 in March 2024, up by 3.4% month-over-month. Of the 30 sold homes, 67% were sold under asking, 27% were sold at asking, and 7% were sold over asking.
Days on Market for 78669, TX
How long does it take to sell a home in 78669, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
65 Days | 122 Days | +87.8% |
Summary: Homes in 78669 had an average of 122 days on market in Mar 2024, up by 87.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During March 2024, 30 homes were sold in 78669; 27% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.