Is 78681, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$545,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78681 was $545,000 in March 2024, down 3.9% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $352.2K | N/A |
2 Bedrooms | $310K | $295K | -4.8% |
3 Bedrooms | $455K | $408K | -10.3% |
4 Bedrooms | $652.5K | $620K | -5.0% |
5+ Bedrooms | $825K | $723K | -12.4% |
Summary: 78681 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 12.4%.
Housing Supply in 78681, TX
How many homes are available in 78681, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
129 | 173 | +34.1% |
Summary: The 78681 real estate market had 173 homes for sale in March 2024, a 34.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 50 | 65 | +30.0% |
4 Bedrooms | 55 | 76 | +38.2% |
5+ Bedrooms | 19 | 27 | +42.1% |
Summary: The 78681 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 38.2%, and 5+ bedroom homes increased by 42.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 32 | +45.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in 78681 in March 2024, up by 45.5% month-over-month. Of the 32 sold homes, 53% were sold under asking, 22% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 72 Days | +23.1% |
Summary: Homes in 78681 had an average of 72 days on market in Mar 2024, up by 23.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 32 homes were sold in 78681; 47% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.