Is 78730, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 78730 was a Seller's Market.
Housing Prices in 78730, TX
How much do homes in 78730, TX cost?
Median Sold Price
$1,086,250
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78730 was $1,086,250 in April 2024, up 11.4% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285K | $297K | +4.2% |
2 Bedrooms | $450K | $348.2K | -22.6% |
3 Bedrooms | $900K | $941.2K | +4.6% |
4 Bedrooms | $1.1M | $1.3M | +16.9% |
5+ Bedrooms | $1.6M | $1.6M | +1.8% |
Summary: 78730 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes decreased by 22.6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 1.8%.
Housing Supply in 78730, TX
How many homes are available in 78730, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
76 | 95 | +25.0% |
Summary: The 78730 real estate market had 95 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 8 | +60.0% |
2 Bedrooms | 11 | 17 | +54.5% |
3 Bedrooms | 11 | 17 | +54.5% |
4 Bedrooms | 32 | 33 | +3.1% |
5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The 78730 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 54.5%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 14 | +55.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 78730 in April 2024, up by 55.6% month-over-month. Of the 14 sold homes, 43% were sold under asking, 7% were sold at asking, and 50% were sold over asking.
Days on Market for 78730, TX
How long does it take to sell a home in 78730, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 18 Days | -67.9% |
Summary: Homes in 78730 had an average of 18 days on market in Apr 2024, down by 67.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in 78730; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.