Is 78756, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78756 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78756 has remained a Seller's Market.

Key Takeaway

78756 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78756, TX cost?

Median Sold Price

$703,250

$448/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$154,450(+28.1%)

Key Takeaway

Homes in 78756 have sold for 28.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $215K$230K
+7.0%
2 $475K$595K
+25.3%
3 $637.5K$776K
+21.7%
4 $838.5K$1.2M
+49.1%
5+ $1.4M$1.3M
-6.2%

Median Sold Price Compared To Nearby Zip Codes

78756
+28.1%
78757
+27.5%
78751
+20.0%
78731
+8.4%
78705
+7.3%

How many homes are available in 78756, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
2924-17.2%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 43
-25.0%
2 85
-37.5%
3 1413
-7.1%
4 12
+100.0%
5+ 21
-50.0%

Number of Homes Sold

Sep 2021Oct 2021%
10100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78756, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
31 Days9 Days-69.2%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78756 are selling fast, if you're buying plan to act quickly.

About 78756, TX

There are 24 homes are for sale in 78756, TX real estate market. The number of listings in 78756, TX decreased by 17.2% between September 2021 and October 2021. In October 2021, listings were on the market for 9 days. During the same period, the median list price in this real estate market was $703,250. This housing market listing prices have changed between September 2021 and October 2021: 1 bedroom properties prices increased by 7%, prices of 2 bedrooms properties went up by 25.3%, prices of 3 bedrooms properties went up by 21.7%, prices of 4 bedrooms properties went up by 49.1%, prices of 5 bedrooms properties decreased by 6.2%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 25% less available, number of 2 bedrooms homes decreased by 37.5%, volume of 3 bedrooms homes went down by 7.1%, 4 bedrooms homes became 100% more available, 5 bedrooms homes became 50% less available. Over 6 listings were sold over their listed price in October 2021 in 78756, TX. In the same period over 2 listings were sold below the listed price and 2 listings were sold for the listed price.