Is 78746, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 78746 was a Seller's Market.
Housing Prices in 78746, TX
How much do homes in 78746, TX cost?
Median Sold Price
$1,630,000
$543/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78746 was $1,630,000 in March 2024, down 7.9% from last year, and the median price per square foot was $543.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $337K | -3.7% |
2 Bedrooms | $538.7K | $827.5K | +53.6% |
3 Bedrooms | $1.0M | $1.1M | +10.8% |
4 Bedrooms | $1.7M | $1.7M | -5.5% |
5+ Bedrooms | $2.9M | $3.3M | +13.4% |
Summary: 78746 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes increased by 53.6%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 13.4%.
Housing Supply in 78746, TX
How many homes are available in 78746, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
123 | 157 | +27.6% |
Summary: The 78746 real estate market had 157 homes for sale in March 2024, a 27.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 27 | 28 | +3.7% |
4 Bedrooms | 41 | 57 | +39.0% |
5+ Bedrooms | 44 | 61 | +38.6% |
Summary: The 78746 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 39%, and 5+ bedroom homes increased by 38.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 78746 in March 2024, down by 11.8% month-over-month. Of the 15 sold homes, 87% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for 78746, TX
How long does it take to sell a home in 78746, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 102 Days | +89.6% |
Summary: Homes in 78746 had an average of 102 days on market in Mar 2024, up by 89.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in 78746; 33% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.