Is 78744, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 78744 has remained a Buyer's Market.
Housing Prices in 78744, TX
How much do homes in 78744, TX cost?
Median Sold Price
$418,849
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 78744 was $418,849 in February 2024, down 8.9% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $377.5K | $349K | -7.5% |
3 Bedrooms | $445K | $400K | -10.1% |
4 Bedrooms | $525K | $485K | -7.6% |
5+ Bedrooms | $554.3K | $504.2K | -9.0% |
Summary: 78744 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 9%.
Housing Supply in 78744, TX
How many homes are available in 78744, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
149 | 167 | +12.1% |
Summary: The 78744 real estate market had 167 homes for sale in February 2024, a 12.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 10 | -16.7% |
3 Bedrooms | 82 | 94 | +14.6% |
4 Bedrooms | 49 | 55 | +12.2% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 78744 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
24 | 22 | -8.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 78744 in February 2024, down by 8.3% month-over-month. Of the 22 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
83 Days | 76 Days | -8.2% |
Summary: Homes in 78744 had an average of 76 days on market in Feb 2024, down by 8.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During February 2024, 22 homes were sold in 78744; 41% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.