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 2020

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

$540,250

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$166,200(+44.4%)

Key Takeaway

Homes in 78681 have sold for 44.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $233.5K$310.5K
+33.0%
3 $310K$436.3K
+40.8%
4 $405K$575K
+42.0%
5+ $505K$755.5K
+49.6%

Median Sold Price Compared To Nearby Zip Codes

78717
+46.2%
78613
+45.3%
78681
+44.4%
78665
+42.8%
78729
+32.9%

How many homes are available in 78681, TX?

Number of Homes For Sale

Nov 2021Dec 2021%
161122-24.2%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 36
+100.0%
3 6855
-19.1%
4 6947
-31.9%
5+ 2114
-33.3%

Number of Homes Sold

Nov 2021Dec 2021%
5957-3.4%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78681, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
7 Days21 Days+193.1%

Breakdown of Home Sale Times

46 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 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.

About 78681, TX

Homes for sale in 78681, TX have reached 122. The inventory of homes for sale in 78681, TX between November 2021 and December 2021 decreased by 24.2%. In December 2021 median list price was $540,250 and the average listing age was 21 days. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 33%, prices of 3 bedrooms properties increased by 40.8%, 4 bedrooms properties prices increased by 42%, the cost of 5 bedrooms properties went up by 49.6%. This housing market inventory have changed: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went up by 100%, volume of 3 bedrooms homes went down by 19.1%, 4 bedrooms homes inventory decreased by 31.9%, 5 bedrooms homes inventory decreased by 33.3%. While more than 27 listings in 78681, TX in December 2021 were sold above asking price, there were more than 10 listings sold at asking price, and more than 20 were sold below.