Is 78732, 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, 78732 has remained a Seller's Market.
Housing Prices in 78732, TX
How much do homes in 78732, TX cost?
Median Sold Price
$875,000
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78732 was $875,000 in March 2024, down 2.8% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $736K | $500K | -32.1% |
3 Bedrooms | $730K | $675K | -7.5% |
4 Bedrooms | $907.5K | $773K | -14.8% |
5+ Bedrooms | $1.3M | $1.2M | -8.7% |
Summary: 78732 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 32.1%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes decreased by 8.7%.
Housing Supply in 78732, TX
How many homes are available in 78732, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 88 | +41.9% |
Summary: The 78732 real estate market had 88 homes for sale in March 2024, a 41.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 24 | 36 | +50.0% |
5+ Bedrooms | 22 | 34 | +54.5% |
Summary: The 78732 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 54.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 20 | +100.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 78732 in March 2024, up by 100.0% month-over-month. Of the 20 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.
Days on Market for 78732, TX
How long does it take to sell a home in 78732, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 78 Days | +67.6% |
Summary: Homes in 78732 had an average of 78 days on market in Mar 2024, up by 67.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 78732; 65% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.