Is 78744, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, 78744 was a Seller's Market.
Housing Prices in 78744, TX
How much do homes in 78744, TX cost?
Median Sold Price
$417,250
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in 78744 was $417,250 in June 2024, down 3% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $365K | $349K | -4.4% |
3 Bedrooms | $415K | $395K | -4.8% |
4 Bedrooms | $485K | $485K | 0.0% |
5+ Bedrooms | $524.5K | $564.4K | +7.6% |
Summary: 78744 housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 7.6%.
Housing Supply in 78744, TX
How many homes are available in 78744, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
194 | 190 | -2.1% |
Summary: The 78744 real estate market had 190 homes for sale in June 2024, a 2.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 13 | +18.2% |
3 Bedrooms | 102 | 98 | -3.9% |
4 Bedrooms | 73 | 73 | 0.0% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The 78744 housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
39 | 20 | -48.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 78744 in June 2024, down by 48.7% month-over-month. Of the 20 sold homes, 60% were sold under asking, 15% were sold at asking, and 25% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
57 Days | 30 Days | -47.5% |
Summary: Homes in 78744 had an average of 30 days on market in Jun 2024, down by 47.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 20 homes were sold in 78744; 60% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.