Is 78737, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78737 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 78737 has remained a Seller's Market.

Key Takeaway

78737 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78737, TX cost?

Median Sold Price

$799,600

$262/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$260,600(+48.3%)

Key Takeaway

Homes in 78737 have sold for 48.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $392.5K$482.5K
+22.9%
3 $445K$670K
+50.6%
4 $565K$817.5K
+44.7%
5+ $642K$905K
+41.0%

Median Sold Price Compared To Nearby Zip Codes

78737
+48.3%
78619
+47.0%
78739
+44.5%
78749
+35.3%
78736
+32.4%

How many homes are available in 78737, TX?

Number of Homes For Sale

Nov 2021Dec 2021%
8862-29.5%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 12
+100.0%
3 2012
-40.0%
4 5237
-28.8%
5+ 1511
-26.7%

Number of Homes Sold

Nov 2021Dec 2021%
3326-21.2%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78737, you may be able to get a good deal. 42.3% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
20 Days24 Days+21.9%

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78737 are selling fast, if you're buying plan to act quickly.

About 78737, TX

78737, TX has 62 homes on the market. The number of homes for sale in 78737, TX decreased by 29.5% between November 2021 and December 2021. While the average time on the market in December 2021 was 24 days, the median list price was $799,600. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 22.9%, prices of 3 bedrooms properties increased by 50.6%, prices of 4 bedrooms properties increased by 44.7%, 5 bedrooms properties prices increased by 41%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 100%, 3 bedrooms homes became 40% less available, 4 bedrooms homes inventory decreased by 28.8%, volume of 5 bedrooms homes went down by 26.7%. Over 11 listings were sold over their listed price in December 2021 in 78737, TX. In the same period over 11 listings were sold below the listed price and 4 listings were sold for the listed price.