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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78757 is a neutral's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 78757 was a Seller's Market.

Key Takeaway

78757 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 78757, TX cost?

Median Sold Price

$749,466

$496/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$107,966(+16.8%)

Key Takeaway

Homes in 78757 have sold for 16.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $214.7K$260K
+21.1%
2 $425.5K$491.7K
+15.6%
3 $675K$775.5K
+14.9%
4 $850K$1.2M
+44.1%
5+ $1.1M$1.5M
+41.4%

Median Sold Price Compared To Nearby Zip Codes

78731
+31.7%
78756
+21.4%
78758
+19.1%
78757
+16.8%
78752
+9.4%

How many homes are available in 78757, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
132145+9.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 119
-18.2%
2 2527
+8.0%
3 6473
+14.1%
4 2931
+6.9%
5+ 35
+66.7%

Number of Homes Sold

Sep 2022Oct 2022%
2022+10.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78757, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
17 Days30 Days+68.8%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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.

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

About 78757, TX

Number of homes for sale in 78757, TX real estate market have reached 145. In October 2022 in 78757, TX there were 9.8% more homes for sale than in September 2022. While the average time on the market in October 2022 was 30 days, the median list price was $749,466. Real estate listing prices changed between September 2022 and October 2022: the cost of 1 bedroom properties went up by 21.1%, the cost of 2 bedrooms properties went up by 15.6%, 3 bedrooms properties prices increased by 14.9%, the cost of 4 bedrooms properties went up by 44.1%, the cost of 5 bedrooms properties went up by 41.4%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went down by 18.2%, 2 bedrooms homes inventory increased by 8%, volume of 3 bedrooms homes went up by 14.1%, 4 bedrooms homes inventory increased by 6.9%, volume of 5 bedrooms homes went up by 66.7%. 78757, TX housing market in October 2022 saw over 5 listings sold above listed price, more than 2 sold at listed price and over 15 sold below.