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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78758 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78758 has remained a Seller's Market.

Key Takeaway

78758 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78758, TX cost?

Median Sold Price

$405,000

$287/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$72,000(+21.6%)

Key Takeaway

Homes in 78758 have sold for 21.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $150K$175K
+16.7%
2 $205K$285K
+39.0%
3 $353K$445K
+26.1%
4 $414K$525K
+26.8%
5+ $504.5K$540K
+7.0%

Median Sold Price Compared To Nearby Zip Codes

78759
+31.3%
78753
+28.6%
78757
+27.5%
78727
+21.7%
78758
+21.6%

How many homes are available in 78758, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
107100-6.5%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 86
-25.0%
2 1916
-15.8%
3 5552
-5.5%
4 2223
+4.5%
5+ 33
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
4233-21.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78758, you could pay more than the asking price. 57.6% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
21 Days14 Days-31.7%

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78758 are selling fast, if you're buying plan to act quickly.

About 78758, TX

Number of homes for sale in 78758, TX real estate market have reached 100. The number of homes for sale in 78758, TX decreased by 6.5% between September 2021 and October 2021. In October 2021 median list price was $405,000 and the average listing age was 14 days. Listing prices have changed in this real estate market between September 2021 and October 2021: the cost of 1 bedroom properties went up by 16.7%, the cost of 2 bedrooms properties went up by 39%, 3 bedrooms properties became 26.1% more expensive, prices of 4 bedrooms properties went up by 26.8%, 5 bedrooms properties became 7% more expensive. Volume of homes for sale changed: volume of 1 bedroom homes went down by 25%, 2 bedrooms homes became 15.8% less available, number of 3 bedrooms homes decreased by 5.5%, the quantity of 4 bedrooms homes went up by 4.5%, 5 bedrooms homes did not move. Over 19 listings were sold over their listed price in October 2021 in 78758, TX. In the same period over 7 listings were sold below the listed price and 7 listings were sold for the listed price.