Is 78759, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78759 is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, 78759 has remained a Seller's Market.

Key Takeaway

78759 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78759, TX cost?

Median Sold Price

$740,000

$385/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$90,000(+13.8%)

Key Takeaway

Homes in 78759 have sold for 13.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $205K$270K
+31.7%
2 $358.7K$404.5K
+12.8%
3 $625.7K$735K
+17.5%
4 $852.5K$936K
+9.8%
5+ $1.1M$1.2M
+7.7%

Median Sold Price Compared To Nearby Zip Codes

78731
+31.7%
78758
+19.1%
78727
+17.9%
78759
+13.8%
78750
+12.7%

How many homes are available in 78759, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
130127-2.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 34
+33.3%
2 1820
+11.1%
3 5451
-5.6%
4 4844
-8.3%
5+ 78
+14.3%

Number of Homes Sold

Sep 2022Oct 2022%
3528-20.0%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78759, you may be able to get a good deal. 82.1% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
15 Days37 Days+141.9%

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78759 are selling fast, if you're buying plan to act quickly.

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

About 78759, TX

78759, TX has 127 homes on the market. Between September 2022 and October 2022, 78759, TX real estate market has seen decrease in the number of listings by 2.3%. In October 2022, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $740,000. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 31.7%, prices of 2 bedrooms properties increased by 12.8%, 3 bedrooms properties became 17.5% more expensive, the cost of 4 bedrooms properties went up by 9.8%, the cost of 5 bedrooms properties went up by 7.7%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went up by 33.3%, number of 2 bedrooms homes increased by 11.1%, volume of 3 bedrooms homes went down by 5.6%, the quantity of 4 bedrooms homes went down by 8.3%, number of 5 bedrooms homes increased by 14.3%. While more than 2 listings in 78759, TX in October 2022 were sold above asking price, there were more than 3 listings sold at asking price, and more than 23 were sold below.