Is 78744, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78744 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78744 has remained a Seller's Market.

Key Takeaway

78744 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78744, TX cost?

Median Sold Price

$390,750

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$95,750(+32.5%)

Key Takeaway

Homes in 78744 have sold for 32.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 --
N/A
2 $219.5K$307.5K
+40.1%
3 $280.1K$380K
+35.6%
4 $334.5K$445K
+33.0%
5+ $371K$415K
+11.9%

Median Sold Price Compared To Nearby Zip Codes

78747
+43.8%
78744
+32.5%
78745
+30.7%
78704
+18.0%
78741
+14.0%

How many homes are available in 78744, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
138141+2.2%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 46
+50.0%
3 9191
0.0%
4 3941
+5.1%
5+ 43
-25.0%

Number of Homes Sold

Sep 2021Oct 2021%
43430.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

31 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78744, you could pay more than the asking price. 72.1% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
11 Days12 Days+6.9%

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78744 are selling fast, if you're buying plan to act quickly.

About 78744, TX

There are 141 homes are for sale in 78744, TX real estate market. Between September 2021 and October 2021, 78744, TX real estate market has seen increase in the number of listings by 2.2%. The median list price of listings available in October 2021 was $390,750, while the average time on the real estate market was 12 days. From September 2021 through October 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 increased by 40.1%, the cost of 3 bedrooms properties went up by 35.6%, prices of 4 bedrooms properties increased by 33%, 5 bedrooms properties prices increased by 11.9%. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes became 50% more available, 3 bedrooms homes inventory did not change, volume of 4 bedrooms homes went up by 5.1%, 5 bedrooms homes became 25% less available. 78744, TX housing market in October 2021 saw over 31 listings sold above listed price, more than 3 sold at listed price and over 9 sold below.