Is 78745, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78745 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78745 has remained a Seller's Market.

Key Takeaway

78745 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78745, TX cost?

Median Sold Price

$490,045

$345/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$115,045(+30.7%)

Key Takeaway

Homes in 78745 have sold for 30.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $232K$282.5K
+21.8%
2 $344.3K$414.9K
+20.5%
3 $375K$500K
+33.3%
4 $405.5K$568K
+40.1%
5+ $591K$655.5K
+10.9%

Median Sold Price Compared To Nearby Zip Codes

78748
+37.4%
78749
+36.7%
78744
+32.5%
78745
+30.7%
78704
+18.0%

How many homes are available in 78745, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
235242+3.0%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 129
-25.0%
2 3031
+3.3%
3 150155
+3.3%
4 4146
+12.2%
5+ 21
-50.0%

Number of Homes Sold

Sep 2021Oct 2021%
8563-25.9%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78745, you could pay more than the asking price. 54% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
20 Days10 Days-47.7%

Breakdown of Home Sale Times

60 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78745 are selling fast, if you're buying plan to act quickly.

About 78745, TX

78745, TX has 242 homes on the market. Between September 2021 and October 2021, 78745, TX real estate market has seen increase in the number of listings by 3%. Listings spent 10 days on the market in October 2021, and had a median list price of $490,045 during the same period. Listing prices have changed in this real estate market between September 2021 and October 2021: prices of 1 bedroom properties increased by 21.8%, prices of 2 bedrooms properties increased by 20.5%, prices of 3 bedrooms properties increased by 33.3%, prices of 4 bedrooms properties went up by 40.1%, 5 bedrooms properties prices increased by 10.9%. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 25%, the quantity of 2 bedrooms homes went up by 3.3%, volume of 3 bedrooms homes went up by 3.3%, number of 4 bedrooms homes increased by 12.2%, number of 5 bedrooms homes decreased by 50%. 78745, TX housing market in October 2021 saw over 34 listings sold above listed price, more than 13 sold at listed price and over 16 sold below.