Is 78676, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, 78676 was a Seller's Market.
Housing Prices in 78676, TX
How much do homes in 78676, TX cost?
Median Sold Price
$536,250
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in 78676 was $536,250 in June 2024, up 1.4% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $705K | $506.2K | -28.2% |
2 Bedrooms | $442.5K | $425K | -4.0% |
3 Bedrooms | $491.5K | $481.5K | -2.0% |
4 Bedrooms | $661.5K | $795.5K | +20.3% |
5+ Bedrooms | $1.4M | $1.4M | -4.0% |
Summary: 78676 housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.2%, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes decreased by 4%.
Housing Supply in 78676, TX
How many homes are available in 78676, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
241 | 259 | +7.5% |
Summary: The 78676 real estate market had 259 homes for sale in June 2024, a 7.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 7 | +40.0% |
2 Bedrooms | 24 | 26 | +8.3% |
3 Bedrooms | 136 | 141 | +3.7% |
4 Bedrooms | 54 | 59 | +9.3% |
5+ Bedrooms | 22 | 26 | +18.2% |
Summary: The 78676 housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
22 | 30 | +36.4% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 78676 in June 2024, up by 36.4% month-over-month. Of the 29 sold homes, 76% were sold under asking, 24% were sold at asking, and 0% were sold over asking.
Days on Market for 78676, TX
How long does it take to sell a home in 78676, TX?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
63 Days | 124 Days | +96.1% |
Summary: Homes in 78676 had an average of 124 days on market in Jun 2024, up by 96.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During June 2024, 30 homes were sold in 78676; 17% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.