Is 78753, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$375,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in 78753 was $375,000 in June 2024, down 10.5% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $210K | -8.7% |
2 Bedrooms | $310K | $265K | -14.5% |
3 Bedrooms | $405K | $375K | -7.4% |
4 Bedrooms | $494.5K | $457K | -7.6% |
5+ Bedrooms | $415K | $435.5K | +4.9% |
Summary: 78753 housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes decreased by 14.5%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 4.9%.
Housing Supply in 78753, TX
How many homes are available in 78753, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
108 | 121 | +12.0% |
Summary: The 78753 real estate market had 121 homes for sale in June 2024, a 12.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 19 | +26.7% |
3 Bedrooms | 57 | 66 | +15.8% |
4 Bedrooms | 33 | 31 | -6.1% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 78753 housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
21 | 14 | -33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 78753 in June 2024, down by 33.3% month-over-month. Of the 14 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
26 Days | 18 Days | -28.8% |
Summary: Homes in 78753 had an average of 18 days on market in Jun 2024, down by 28.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 14 homes were sold in 78753; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.