Is 78744, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 78744 has remained a Neutral Market.
Housing Prices in 78744, TX
How much do homes in 78744, TX cost?
Median Sold Price
$418,693
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78744 was $418,693 in April 2024, down 6.1% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $355K | $349.9K | -1.4% |
3 Bedrooms | $430K | $399.2K | -7.2% |
4 Bedrooms | $500K | $487.8K | -2.4% |
5+ Bedrooms | $765.3K | $531.5K | -30.5% |
Summary: 78744 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 30.5%.
Housing Supply in 78744, TX
How many homes are available in 78744, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
174 | 179 | +2.9% |
Summary: The 78744 real estate market had 179 homes for sale in April 2024, a 2.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 97 | 94 | -3.1% |
4 Bedrooms | 54 | 61 | +13.0% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 78744 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 26 | -33.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 78744 in April 2024, down by 33.3% month-over-month. Of the 26 sold homes, 58% were sold under asking, 27% were sold at asking, and 15% were sold over asking.
Days on Market for 78744, TX
How long does it take to sell a home in 78744, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 74 Days | +42.8% |
Summary: Homes in 78744 had an average of 74 days on market in Apr 2024, up by 42.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in 78744; 42% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.