Is 78754, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78754 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78754 has remained a Seller's Market.

Key Takeaway

78754 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78754, TX cost?

Median Sold Price

$381,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$108,848(+40.0%)

Key Takeaway

Homes in 78754 have sold for 40% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 --
N/A
2 $165K$250K
+51.5%
3 $265K$371K
+40.0%
4 $286.5K$400K
+39.6%
5+ $319.7K$387.5K
+21.2%

Median Sold Price Compared To Nearby Zip Codes

78754
+40.0%
78724
+36.5%
78752
+30.7%
78753
+28.6%
78723
+24.6%

How many homes are available in 78754, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
8678-9.3%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 22
0.0%
3 3839
+2.6%
4 4234
-19.0%
5+ 43
-25.0%

Number of Homes Sold

Sep 2021Oct 2021%
1722+29.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78754, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
5 Days23 Days+347.2%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78754 are selling fast, if you're buying plan to act quickly.

About 78754, TX

78754, TX has 78 homes on the market. In October 2021 in 78754, TX there were 9.3% less homes for sale than in September 2021. While the average time on the market in October 2021 was 23 days, the median list price was $381,000. Between September 2021 and October 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 51.5%, 3 bedrooms properties became 40% more expensive, prices of 4 bedrooms properties went up by 39.6%, 5 bedrooms properties prices increased by 21.2%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, number of 2 bedrooms homes remained the same, volume of 3 bedrooms homes went up by 2.6%, volume of 4 bedrooms homes went down by 19%, number of 5 bedrooms homes decreased by 25%. In October 2021, from all listings sold in 78754, TX there were more than 10 sold above asking price, over 10 sold below and more than 2 were sold right at the asked price.