Is 78759, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 78759 has remained a Seller's Market.
Housing Prices in 78759, TX
How much do homes in 78759, TX cost?
Median Sold Price
$638,125
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78759 was $638,125 in March 2024, down 10.6% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $310K | $246K | -20.6% |
2 Bedrooms | $419.5K | $400.5K | -4.5% |
3 Bedrooms | $700K | $595.5K | -14.9% |
4 Bedrooms | $920K | $840K | -8.7% |
5+ Bedrooms | $1.1M | $1.1M | +2.6% |
Summary: 78759 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.6%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 2.6%.
Housing Supply in 78759, TX
How many homes are available in 78759, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
105 | 130 | +23.8% |
Summary: The 78759 real estate market had 130 homes for sale in March 2024, a 23.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 19 | 29 | +52.6% |
3 Bedrooms | 41 | 41 | 0.0% |
4 Bedrooms | 34 | 47 | +38.2% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 78759 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 52.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 38.2%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 35 | +29.6% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in 78759 in March 2024, up by 29.6% month-over-month. Of the 35 sold homes, 63% were sold under asking, 6% were sold at asking, and 31% were sold over asking.
Days on Market for 78759, TX
How long does it take to sell a home in 78759, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
53 Days | 40 Days | -24.9% |
Summary: Homes in 78759 had an average of 40 days on market in Mar 2024, down by 24.9% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 35 homes were sold in 78759; 63% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.