Is 78732, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78732 is a neutral's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 78732 was a Seller's Market.

Key Takeaway

78732 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 78732, TX cost?

Median Sold Price

$960,000

$330/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$148,100(+18.2%)

Key Takeaway

Homes in 78732 have sold for 18.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $430K-
N/A
2 $497.5K$761K
+53.0%
3 $651.2K$744.9K
+14.4%
4 $800K$957.5K
+19.7%
5+ $1.2M$1.4M
+13.7%

Median Sold Price Compared To Nearby Zip Codes

78726
+19.9%
78732
+18.2%
78734
+15.4%
78733
+12.8%
78730
0.5%

How many homes are available in 78732, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
6966-4.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 24
+100.0%
3 1715
-11.8%
4 3332
-3.0%
5+ 1715
-11.8%

Number of Homes Sold

Oct 2022Nov 2022%
1411-21.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78732, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
21 Days67 Days+210.1%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78732 has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 78732, TX

78732, TX has 66 homes for sale to choose from. The inventory of homes for sale in 78732, TX between October 2022 and November 2022 decreased by 4.3%. The median list price of listings available in November 2022 was $960,000, while the average time on the real estate market was 67 days. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 53%, prices of 3 bedrooms properties went up by 14.4%, prices of 4 bedrooms properties increased by 19.7%, prices of 5 bedrooms properties increased by 13.7%. This housing market inventory have changed: 1 bedroom homes did not move, volume of 2 bedrooms homes went up by 100%, 3 bedrooms homes became 11.8% less available, the quantity of 4 bedrooms homes went down by 3%, 5 bedrooms homes became 11.8% less available. Over 2 listings were sold over their listed price in November 2022 in 78732, TX. In the same period over 7 listings were sold below the listed price and 2 listings were sold for the listed price.