Is 78753, 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, 78753 was a Seller's Market.
Housing Prices in 78753, TX
How much do homes in 78753, TX cost?
Median Sold Price
$385,000
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78753 was $385,000 in March 2024, down 14.4% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $210K | -8.7% |
2 Bedrooms | $355K | $260K | -26.8% |
3 Bedrooms | $447.5K | $380K | -15.1% |
4 Bedrooms | $530K | $449.2K | -15.2% |
5+ Bedrooms | $525K | $447.7K | -14.7% |
Summary: 78753 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes decreased by 26.8%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 14.7%.
Housing Supply in 78753, TX
How many homes are available in 78753, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
76 | 94 | +23.7% |
Summary: The 78753 real estate market had 94 homes for sale in March 2024, a 23.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 12 | 16 | +33.3% |
3 Bedrooms | 34 | 40 | +17.6% |
4 Bedrooms | 25 | 31 | +24.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 78753 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 33.3%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 24%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 10 | -28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 78753 in March 2024, down by 28.6% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for 78753, TX
How long does it take to sell a home in 78753, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 67 Days | +16.9% |
Summary: Homes in 78753 had an average of 67 days on market in Mar 2024, up by 16.9% compared to last year.
Breakdown of Home Sale Times
4 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, 10 homes were sold in 78753; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.