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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78744 is a neutral's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 78744 was a Seller's Market.

Key Takeaway

78744 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 78744, TX cost?

Median Sold Price

$470,000

$277/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$79,086(+20.2%)

Key Takeaway

Homes in 78744 have sold for 20.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $312.2K$355K
+13.7%
3 $380K$449.3K
+18.2%
4 $440.3K$529.6K
+20.3%
5+ $415K$572.5K
+38.0%

Median Sold Price Compared To Nearby Zip Codes

78741
+23.8%
78744
+20.2%
78745
+17.8%
78704
+16.2%
78747
+11.9%

How many homes are available in 78744, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
125130+4.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 35
+66.7%
3 8784
-3.4%
4 3540
+14.3%
5+ 01
+100.0%

Number of Homes Sold

Sep 2022Oct 2022%
3019-36.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78744, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
12 Days27 Days+115.9%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

6 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 78744, TX

Homes for sale in 78744, TX have reached 130. The number of listings in 78744, TX increased by 4% between September 2022 and October 2022. The median list price of listings available in October 2022 was $470,000, while the average time on the real estate market was 27 days. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 13.7%, 3 bedrooms properties became 18.2% more expensive, 4 bedrooms properties became 20.3% more expensive, 5 bedrooms properties became 38% more expensive. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 66.7%, 3 bedrooms homes became 3.4% less available, 4 bedrooms homes inventory increased by 14.3%, number of 5 bedrooms homes increased by 100%. Over 3 listings were sold over their listed price in October 2022 in 78744, TX. In the same period over 13 listings were sold below the listed price and 3 listings were sold for the listed price.