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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78750 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 78750 has remained a Seller's Market.

Key Takeaway

78750 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78750, TX cost?

Median Sold Price

$568,724

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$146,724(+34.8%)

Key Takeaway

Homes in 78750 have sold for 34.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 -$186.9K
N/A
2 $182.4K$275.5K
+51.0%
3 $365K$498K
+36.4%
4 $600K$781.3K
+30.2%
5+ $736.7K$971K
+31.8%

Median Sold Price Compared To Nearby Zip Codes

78726
+35.3%
78750
+34.8%
78730
+34.7%
78759
+31.9%
78729
+31.5%

How many homes are available in 78750, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
10085-15.0%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 94
-55.6%
3 4236
-14.3%
4 4238
-9.5%
5+ 77
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
3736-2.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78750, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
10 Days22 Days+121.0%

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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.

About 78750, TX

78750, TX has 85 homes for sale to choose from. The inventory of homes for sale in 78750, TX between October 2021 and November 2021 decreased by 15%. In November 2021 median list price was $568,724 and the average listing age was 22 days. From October 2021 through November 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 51%, prices of 3 bedrooms properties increased by 36.4%, 4 bedrooms properties prices increased by 30.2%, prices of 5 bedrooms properties went up by 31.8%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes decreased by 55.6%, the quantity of 3 bedrooms homes went down by 14.3%, volume of 4 bedrooms homes went down by 9.5%, 5 bedrooms homes did not move. 78750, TX housing market in November 2021 saw over 18 listings sold above listed price, more than 6 sold at listed price and over 12 sold below.