Is 78801, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78801 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 78801 has remained a Seller's Market.

Key Takeaway

78801 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78801, TX cost?

Median Sold Price

$197,000

$112/sqft

Based on all homes sold in November 2021.

Difference Since Last Month

+$13,000(+7.1%)

Key Takeaway

Homes in 78801 have sold for 7.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Nov 2021%
1 --
N/A
2 $167K-
N/A
3 $174.5K$232K
+33.0%
4 $192K$227.5K
+18.5%
5+ -$125K
N/A

Median Sold Price Compared To Nearby Zip Codes

78801
+7.1%
78881
-74.5%
78838
-78.8%

How many homes are available in 78801, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
4441-6.8%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 01
+100.0%
2 76
-14.3%
3 2423
-4.2%
4 87
-12.5%
5+ 54
-20.0%

Number of Homes Sold

Oct 2021Nov 2021%
11110.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78801, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Nov 2021%
36 Days48 Days+32.7%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78801 has remained consistent over time.

About 78801, TX

78801, TX has 41 homes on the market. The inventory of homes for sale in 78801, TX between October 2021 and November 2021 decreased by 6.8%. Listings spent 48 days on the market in November 2021, and had a median list price of $197,000 during the same period. Between November 2020 and November 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties increased by 33%, 4 bedrooms properties became 18.5% more expensive, 5 bedrooms properties prices increased by 0%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes increased by 100%, 2 bedrooms homes became 14.3% less available, number of 3 bedrooms homes decreased by 4.2%, volume of 4 bedrooms homes went down by 12.5%, number of 5 bedrooms homes decreased by 20%. In November 2021, from all listings sold in 78801, TX there were more than 2 sold above asking price, over 8 sold below and more than 1 were sold right at the asked price.