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 2020

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

$650,000

$331/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$154,825(+31.3%)

Key Takeaway

Homes in 78759 have sold for 31.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $195K$206.7K
+6.0%
2 $310K$356.2K
+14.9%
3 $475.3K$625.2K
+31.5%
4 $586K$850K
+45.1%
5+ $825K$1.1M
+41.7%

Median Sold Price Compared To Nearby Zip Codes

78759
+31.3%
78750
+30.4%
78727
+21.7%
78758
+21.6%
78731
+8.4%

How many homes are available in 78759, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
131113-13.7%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 82
-75.0%
2 3029
-3.3%
3 5148
-5.9%
4 4133
-19.5%
5+ 11
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
4742-10.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78759, you could pay more than the asking price. 59.5% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
15 Days15 Days+0.9%

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 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.

About 78759, TX

78759, TX has 113 homes for sale to choose from. In October 2021 in 78759, TX there were 13.7% less homes for sale than in September 2021. Listings spent 15 days on the market in October 2021, and had a median list price of $650,000 during the same period. This housing market listing prices have changed between September 2021 and October 2021: 1 bedroom properties became 6% more expensive, prices of 2 bedrooms properties went up by 14.9%, the cost of 3 bedrooms properties went up by 31.5%, the cost of 4 bedrooms properties went up by 45.1%, 5 bedrooms properties prices increased by 41.7%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went down by 75%, number of 2 bedrooms homes decreased by 3.3%, number of 3 bedrooms homes decreased by 5.9%, the quantity of 4 bedrooms homes went down by 19.5%, 5 bedrooms homes did not move. Over 25 listings were sold over their listed price in October 2021 in 78759, TX. In the same period over 12 listings were sold below the listed price and 5 listings were sold for the listed price.