Is 78758, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, 78758 was a Seller's Market.
Housing Prices in 78758, TX
How much do homes in 78758, TX cost?
Median Sold Price
$416,700
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in 78758 was $416,700 in June 2024, down 6.9% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $199K | -9.5% |
2 Bedrooms | $315K | $276K | -12.4% |
3 Bedrooms | $488K | $442K | -9.4% |
4 Bedrooms | $620K | $466K | -24.8% |
5+ Bedrooms | $590.8K | $497.5K | -15.8% |
Summary: 78758 housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.5%, 2 bedroom homes decreased by 12.4%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 24.8%, and 5+ bedroom homes decreased by 15.8%.
Housing Supply in 78758, TX
How many homes are available in 78758, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
141 | 149 | +5.7% |
Summary: The 78758 real estate market had 149 homes for sale in June 2024, a 5.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 15 | +15.4% |
2 Bedrooms | 26 | 30 | +15.4% |
3 Bedrooms | 70 | 72 | +2.9% |
4 Bedrooms | 30 | 29 | -3.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 78758 housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
27 | 13 | -51.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 78758 in June 2024, down by 51.9% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.
Days on Market for 78758, TX
How long does it take to sell a home in 78758, TX?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
32 Days | 35 Days | +8.2% |
Summary: Homes in 78758 had an average of 35 days on market in Jun 2024, up by 8.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 13 homes were sold in 78758; 38% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.