Is 78757, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78757 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78757 has remained a Seller's Market.

Key Takeaway

78757 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78757, TX cost?

Median Sold Price

$640,250

$415/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$138,083(+27.5%)

Key Takeaway

Homes in 78757 have sold for 27.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $170K$211.2K
+24.2%
2 $396.5K$426K
+7.4%
3 $535K$678.1K
+26.8%
4 $742.1K$850K
+14.5%
5+ $1.0M$1.1M
+8.7%

Median Sold Price Compared To Nearby Zip Codes

78752
+30.7%
78756
+28.1%
78757
+27.5%
78758
+21.6%
78731
+8.4%

How many homes are available in 78757, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
108106-1.9%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 510
+100.0%
2 1915
-21.1%
3 5661
+8.9%
4 2620
-23.1%
5+ 20
-100.0%

Number of Homes Sold

Sep 2021Oct 2021%
3541+17.1%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78757, you could pay more than the asking price. 48.8% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
21 Days18 Days-10.9%

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78757 are selling fast, if you're buying plan to act quickly.

About 78757, TX

Number of homes for sale in 78757, TX real estate market have reached 106. The number of homes for sale in 78757, TX decreased by 1.9% between September 2021 and October 2021. Listings spent 18 days on the market in October 2021, and had a median list price of $640,250 during the same period. Listing prices have changed in this real estate market between September 2021 and October 2021: 1 bedroom properties became 24.2% more expensive, prices of 2 bedrooms properties went up by 7.4%, prices of 3 bedrooms properties increased by 26.8%, prices of 4 bedrooms properties went up by 14.5%, 5 bedrooms properties became 8.7% more expensive. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes increased by 100%, 2 bedrooms homes became 21.1% less available, 3 bedrooms homes became 8.9% more available, the quantity of 4 bedrooms homes went down by 23.1%, 5 bedrooms homes became 100% less available. In October 2021 more than 20 listings in 78757, TX were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 15 were sold below.