Is 78749, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 78749 has remained a Seller's Market.
Housing Prices in 78749, TX
How much do homes in 78749, TX cost?
Median Sold Price
$594,666
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78749 was $594,666 in March 2024, down 8.5% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $426.2K | $388K | -9.0% |
3 Bedrooms | $615K | $554.8K | -9.8% |
4 Bedrooms | $725K | $679K | -6.3% |
5+ Bedrooms | $911.2K | $770K | -15.5% |
Summary: 78749 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 15.5%.
Housing Supply in 78749, TX
How many homes are available in 78749, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
94 | 105 | +11.7% |
Summary: The 78749 real estate market had 105 homes for sale in March 2024, a 11.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 56 | 58 | +3.6% |
4 Bedrooms | 28 | 36 | +28.6% |
5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 78749 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 26 | -29.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 78749 in March 2024, down by 29.7% month-over-month. Of the 26 sold homes, 35% were sold under asking, 23% were sold at asking, and 42% were sold over asking.
Days on Market for 78749, TX
How long does it take to sell a home in 78749, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 29 Days | -50.5% |
Summary: Homes in 78749 had an average of 29 days on market in Mar 2024, down by 50.5% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in 78749; 77% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.