Is 78750, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78750 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 78750 was a Seller's Market.

Key Takeaway

78750 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78750, TX cost?

Median Sold Price

$625,000

$326/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$60,000(+10.6%)

Key Takeaway

Homes in 78750 have sold for 10.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $186.9K$220K
+17.7%
2 $275.5K$317K
+15.1%
3 $495K$550.4K
+11.2%
4 $781.3K$860K
+10.1%
5+ $971K$1.0M
+9.0%

Median Sold Price Compared To Nearby Zip Codes

78726
+19.9%
78729
+14.3%
78759
+13.3%
78750
+10.6%
78730
0.5%

How many homes are available in 78750, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
8988-1.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 01
+100.0%
2 55
0.0%
3 3840
+5.3%
4 3936
-7.7%
5+ 76
-14.3%

Number of Homes Sold

Oct 2022Nov 2022%
2112-42.9%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78750, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
23 Days36 Days+53.8%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78750 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 78750, TX

78750, TX has 88 homes for sale to choose from. The number of homes for sale in 78750, TX decreased by 1.1% between October 2022 and November 2022. In November 2022 median list price was $625,000 and the average listing age was 36 days. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 17.7%, 2 bedrooms properties became 15.1% more expensive, 3 bedrooms properties became 11.2% more expensive, prices of 4 bedrooms properties increased by 10.1%, prices of 5 bedrooms properties went up by 9%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went up by 100%, 2 bedrooms homes did not move, volume of 3 bedrooms homes went up by 5.3%, 4 bedrooms homes became 7.7% less available, volume of 5 bedrooms homes went down by 14.3%. While more than 3 listings in 78750, TX in November 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 8 were sold below.