Is 78730, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78730 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 78730 was a Seller's Market.

Key Takeaway

78730 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78730, TX cost?

Median Sold Price

$939,500

$396/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$27,000(+3.0%)

Key Takeaway

Homes in 78730 have sold for 3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $230K$317.2K
+37.9%
2 $340K$510K
+50.0%
3 $747K$870K
+16.5%
4 $1.2M$1.3M
+10.6%
5+ $1.7M$1.8M
+1.8%

Median Sold Price Compared To Nearby Zip Codes

78731
+31.7%
78726
+23.8%
78732
+20.3%
78750
+12.7%
78730
+3.0%

How many homes are available in 78730, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
5358+9.4%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 78
+14.3%
2 59
+80.0%
3 1415
+7.1%
4 1816
-11.1%
5+ 910
+11.1%

Number of Homes Sold

Sep 2022Oct 2022%
116-45.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78730, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
11 Days47 Days+306.5%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78730 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 78730, TX

Homes for sale in 78730, TX have reached 58. The number of listings in 78730, TX increased by 9.4% between September 2022 and October 2022. In October 2022 median list price was $939,500 and the average listing age was 47 days. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 37.9% more expensive, prices of 2 bedrooms properties went up by 50%, prices of 3 bedrooms properties went up by 16.5%, 4 bedrooms properties became 10.6% more expensive, 5 bedrooms properties prices increased by 1.8%. This housing market inventory have changed: number of 1 bedroom homes increased by 14.3%, 2 bedrooms homes inventory increased by 80%, 3 bedrooms homes inventory increased by 7.1%, the quantity of 4 bedrooms homes went down by 11.1%, volume of 5 bedrooms homes went up by 11.1%. Over 2 listings were sold over their listed price in October 2022 in 78730, TX. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price.