Is 78752, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78752 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 78752 was a Seller's Market.

Key Takeaway

78752 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 78752, TX

How much do homes in 78752, TX cost?

Median Sold Price

$505,000

$373/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$23,168(-4.4%)

Key Takeaway

Homes in 78752 have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in 78752 was $505,000 in March 2024, down 4.4% from last year, and the median price per square foot was $373.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $250K$242.4K
-3.0%
2 $407.5K$381.9K
-6.3%
3 $542K$505K
-6.8%
4 $777K$671.5K
-13.6%
5+ $642.5K$947K
+47.4%

Summary: 78752 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 47.4%.

Median Sold Price Compared To Nearby Zip Codes

78723
-1.2%
78757
-3.5%
78752
-4.4%
78751
-8.9%
78754
-9.1%

Housing Supply in 78752, TX

How many homes are available in 78752, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4249+16.7%

Summary: The 78752 real estate market had 49 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 1116
+45.5%
3 2627
+3.8%
4 44
0.0%
5+ 11
0.0%

Summary: The 78752 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 45.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78752, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 78752 in March 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 78752, TX

How long does it take to sell a home in 78752, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
40 Days17 Days-56.6%

Summary: Homes in 78752 had an average of 17 days on market in Mar 2024, down by 56.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78752 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in 78752; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 23 Days Ago

Newest Listings in 78752, TX

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