Is 78758, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78758 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 78758 was a Seller's Market.

Key Takeaway

78758 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78758, TX cost?

Median Sold Price

$490,166

$342/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$70,167(+16.7%)

Key Takeaway

Homes in 78758 have sold for 16.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $177.5K$250K
+40.8%
2 $291K$330K
+13.4%
3 $455K$513K
+12.7%
4 $530K$635K
+19.8%
5+ $540K$586.7K
+8.7%

Median Sold Price Compared To Nearby Zip Codes

78753
+18.6%
78758
+16.7%
78757
+15.2%
78727
+15.0%
78759
+13.3%

How many homes are available in 78758, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
103102-1.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 57
+40.0%
2 129
-25.0%
3 4853
+10.4%
4 3126
-16.1%
5+ 77
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
1413-7.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78758, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
19 Days56 Days+182.4%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78758 has remained consistent over time.

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

About 78758, TX

Number of homes for sale in 78758, TX real estate market have reached 102. The inventory of homes for sale in 78758, TX between October 2022 and November 2022 decreased by 1%. The median list price of listings available in November 2022 was $490,166, while the average time on the real estate market was 56 days. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 40.8% more expensive, prices of 2 bedrooms properties went up by 13.4%, prices of 3 bedrooms properties went up by 12.7%, prices of 4 bedrooms properties increased by 19.8%, 5 bedrooms properties prices increased by 8.7%. Volume of homes for sale changed: the quantity of 1 bedroom homes went up by 40%, 2 bedrooms homes became 25% less available, the quantity of 3 bedrooms homes went up by 10.4%, 4 bedrooms homes inventory decreased by 16.1%, 5 bedrooms homes inventory did not change. 78758, TX housing market in November 2022 saw over 3 listings sold above listed price, more than 3 sold at listed price and over 7 sold below.