Is 78758, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 78758 has remained a Seller's Market.
Housing Prices in 78758, TX
How much do homes in 78758, TX cost?
Median Sold Price
$417,550
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78758 was $417,550 in April 2024, down 9.6% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $242K | $201.7K | -16.6% |
2 Bedrooms | $322.5K | $289K | -10.4% |
3 Bedrooms | $489.9K | $442K | -9.8% |
4 Bedrooms | $625K | $466K | -25.4% |
5+ Bedrooms | $616.7K | $497.5K | -19.3% |
Summary: 78758 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.6%, 2 bedroom homes decreased by 10.4%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 25.4%, and 5+ bedroom homes decreased by 19.3%.
Housing Supply in 78758, TX
How many homes are available in 78758, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
129 | 144 | +11.6% |
Summary: The 78758 real estate market had 144 homes for sale in April 2024, a 11.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 10 | +25.0% |
2 Bedrooms | 25 | 24 | -4.0% |
3 Bedrooms | 67 | 78 | +16.4% |
4 Bedrooms | 24 | 28 | +16.7% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 78758 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 25 | -16.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 78758 in April 2024, down by 16.7% month-over-month. Of the 25 sold homes, 56% were sold under asking, 16% were sold at asking, and 28% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 34 Days | +18.2% |
Summary: Homes in 78758 had an average of 34 days on market in Apr 2024, up by 18.2% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in 78758; 72% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.