Is 78676, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78676 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78676 has remained a Seller's Market.

Key Takeaway

78676 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78676, TX cost?

Median Sold Price

$455,990

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$96,056(+26.7%)

Key Takeaway

Homes in 78676 have sold for 26.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $260K$462.5K
+77.9%
2 $350K$403K
+15.1%
3 $330K$410K
+24.2%
4 $647.9K$638.5K
-1.5%
5+ $790K$875K
+10.8%

Median Sold Price Compared To Nearby Zip Codes

78640
+39.3%
78619
+38.7%
78676
+26.7%
78666
+17.2%

How many homes are available in 78676, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
116106-8.6%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 23
+50.0%
2 77
0.0%
3 6957
-17.4%
4 3032
+6.7%
5+ 87
-12.5%

Number of Homes Sold

Sep 2021Oct 2021%
3135+12.9%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78676, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
46 Days16 Days-65.9%

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78676 are selling fast, if you're buying plan to act quickly.

About 78676, TX

There are 106 homes are for sale in 78676, TX real estate market. The number of listings in 78676, TX decreased by 8.6% between September 2021 and October 2021. In October 2021 median list price was $455,990 and the average listing age was 16 days. From September 2021 through October 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 77.9%, prices of 2 bedrooms properties increased by 15.1%, prices of 3 bedrooms properties increased by 24.2%, 4 bedrooms properties became 1.5% more cheaper, prices of 5 bedrooms properties went up by 10.8%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory increased by 50%, number of 2 bedrooms homes remained the same, the quantity of 3 bedrooms homes went down by 17.4%, number of 4 bedrooms homes increased by 6.7%, the quantity of 5 bedrooms homes went down by 12.5%. Over 15 listings were sold over their listed price in October 2021 in 78676, TX. In the same period over 13 listings were sold below the listed price and 7 listings were sold for the listed price.