Is 78681, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78681 is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, 78681 has remained a Seller's Market.

Key Takeaway

78681 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78681, TX cost?

Median Sold Price

$585,375

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$45,375(+8.4%)

Key Takeaway

Homes in 78681 have sold for 8.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 --
N/A
2 $311K$300K
-3.5%
3 $436.3K$460K
+5.4%
4 $575K$675K
+17.4%
5+ $755.5K$837.5K
+10.8%

Median Sold Price Compared To Nearby Zip Codes

78717
+15.9%
78613
+11.2%
78664
+10.5%
78665
+9.9%
78681
+8.4%

How many homes are available in 78681, TX?

Number of Homes For Sale

Nov 2022Dec 2022%
169151-10.7%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 66
0.0%
3 6459
-7.8%
4 7159
-16.9%
5+ 2827
-3.6%

Number of Homes Sold

Nov 2022Dec 2022%
3835-7.9%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78681, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
21 Days58 Days+173.7%

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78681 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 78681, TX

78681, TX has 151 homes for sale to choose from. The inventory of homes for sale in 78681, TX between November 2022 and December 2022 decreased by 10.7%. In December 2022, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $585,375. Listing prices have changed in this real estate market between November 2022 and December 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went down by 3.5%, prices of 3 bedrooms properties increased by 5.4%, 4 bedrooms properties became 17.4% more expensive, prices of 5 bedrooms properties increased by 10.8%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes did not move, 3 bedrooms homes became 7.8% less available, 4 bedrooms homes became 16.9% less available, number of 5 bedrooms homes decreased by 3.6%. 78681, TX housing market in December 2022 saw over 5 listings sold above listed price, more than 5 sold at listed price and over 25 sold below.