Is 78681, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, 78681 has remained a Seller's Market.
Housing Prices in 78681, TX
How much do homes in 78681, TX cost?
Median Sold Price
$526,666
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in 78681 was $526,666 in June 2024, down 5.6% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $352.2K | N/A |
2 Bedrooms | $317.5K | $290K | -8.7% |
3 Bedrooms | $441.3K | $418.5K | -5.2% |
4 Bedrooms | $638.1K | $594.5K | -6.8% |
5+ Bedrooms | $800K | $700K | -12.5% |
Summary: 78681 housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.7%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 12.5%.
Housing Supply in 78681, TX
How many homes are available in 78681, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
234 | 240 | +2.6% |
Summary: The 78681 real estate market had 240 homes for sale in June 2024, a 2.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 92 | 85 | -7.6% |
4 Bedrooms | 112 | 116 | +3.6% |
5+ Bedrooms | 27 | 35 | +29.6% |
Summary: The 78681 housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 29.6%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
67 | 44 | -34.3% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in 78681 in June 2024, down by 34.3% month-over-month. Of the 44 sold homes, 57% were sold under asking, 18% were sold at asking, and 25% were sold over asking.
Days on Market for 78681, TX
How long does it take to sell a home in 78681, TX?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
24 Days | 20 Days | -14.7% |
Summary: Homes in 78681 had an average of 20 days on market in Jun 2024, down by 14.7% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 44 homes were sold in 78681; 82% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.