Is 78739, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78739 is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, 78739 has remained a Seller's Market.

Key Takeaway

78739 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78739, TX cost?

Median Sold Price

$926,000

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$125,825(+15.7%)

Key Takeaway

Homes in 78739 have sold for 15.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 --
N/A
3 $700K$751.4K
+7.3%
4 $825K$942.5K
+14.2%
5+ $962.5K$1.1M
+17.4%

Median Sold Price Compared To Nearby Zip Codes

78739
+15.7%
78652
+14.3%
78737
+13.1%
78748
+11.9%
78749
+11.3%

How many homes are available in 78739, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
7471-4.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 00
0.0%
3 1818
0.0%
4 4243
+2.4%
5+ 1410
-28.6%

Number of Homes Sold

Oct 2022Nov 2022%
2015-25.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78739, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
10 Days35 Days+234.3%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78739 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 78739, TX

Homes for sale in 78739, TX have reached 71. The number of listings in 78739, TX decreased by 4.1% between October 2022 and November 2022. In November 2022 median list price was $926,000 and the average listing age was 35 days. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties went up by 7.3%, 4 bedrooms properties prices increased by 14.2%, 5 bedrooms properties prices increased by 17.4%. This housing market inventory have changed: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes have not changed, number of 4 bedrooms homes increased by 2.4%, volume of 5 bedrooms homes went down by 28.6%. In November 2022 more than 2 listings in 78739, TX were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 7 were sold below.