Is 78753, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78753 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 78753 was a Seller's Market.

Key Takeaway

78753 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78753, TX cost?

Median Sold Price

$459,950

$296/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$80,700(+21.3%)

Key Takeaway

Homes in 78753 have sold for 21.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $160K$230K
+43.8%
2 $280K$364K
+30.0%
3 $385K$450K
+16.9%
4 $450K$532.5K
+18.3%
5+ $495K$685K
+38.4%

Median Sold Price Compared To Nearby Zip Codes

78754
+22.1%
78753
+21.3%
78758
+19.1%
78727
+17.9%
78752
+9.4%

How many homes are available in 78753, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
9298+6.5%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 813
+62.5%
3 5356
+5.7%
4 2725
-7.4%
5+ 33
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
1911-42.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78753, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
32 Days36 Days+12.3%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78753 has remained consistent over time.

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

About 78753, TX

78753, TX has 98 homes for sale to choose from. The number of homes for sale in 78753, TX increased by 6.5% between September 2022 and October 2022. In October 2022 median list price was $459,950 and the average listing age was 36 days. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 43.8%, the cost of 2 bedrooms properties went up by 30%, 3 bedrooms properties became 16.9% more expensive, the cost of 4 bedrooms properties went up by 18.3%, 5 bedrooms properties prices increased by 38.4%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, number of 2 bedrooms homes increased by 62.5%, 3 bedrooms homes became 5.7% more available, number of 4 bedrooms homes decreased by 7.4%, number of 5 bedrooms homes remained the same. Over 1 listings were sold over their listed price in October 2022 in 78753, TX. In the same period over 9 listings were sold below the listed price and 1 listings were sold for the listed price.