Is 78739, 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, 78739 has remained a Seller's Market.
Housing Prices in 78739, TX
How much do homes in 78739, TX cost?
Median Sold Price
$822,000
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78739 was $822,000 in March 2024, down 9% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $435K | N/A |
3 Bedrooms | $694.5K | $685K | -1.4% |
4 Bedrooms | $927.5K | $851.9K | -8.1% |
5+ Bedrooms | $1.1M | $1.0M | -12.5% |
Summary: 78739 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 did not change, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 12.5%.
Housing Supply in 78739, TX
How many homes are available in 78739, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
68 | 81 | +19.1% |
Summary: The 78739 real estate market had 81 homes for sale in March 2024, a 19.1% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 16 | 21 | +31.3% |
4 Bedrooms | 37 | 45 | +21.6% |
5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The 78739 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 31.3%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 22 | +69.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 78739 in March 2024, up by 69.2% month-over-month. Of the 22 sold homes, 55% were sold under asking, 9% were sold at asking, and 36% were sold over asking.
Days on Market for 78739, TX
How long does it take to sell a home in 78739, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 53 Days | +44.7% |
Summary: Homes in 78739 had an average of 53 days on market in Mar 2024, up by 44.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in 78739; 64% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.