Is 78941, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78941 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78941 has remained a Seller's Market.

Key Takeaway

78941 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78941, TX cost?

Median Sold Price

$299,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$94,500(+46.2%)

Key Takeaway

Homes in 78941 have sold for 46.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $2.2M$368.3K
-83.9%
2 $273.7K$85K
-68.9%
3 $204.5K$224K
+9.5%
4 $179K$591.7K
+230.6%
5+ -$200K
N/A

How many homes are available in 78941, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
1713-23.5%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 11
0.0%
2 32
-33.3%
3 108
-20.0%
4 22
0.0%
5+ 10
-100.0%

Number of Homes Sold

Sep 2021Oct 2021%
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78941, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
293 Days59 Days-79.9%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78941 are selling fast, if you're buying plan to act quickly.

About 78941, TX

Homes for sale in 78941, TX have reached 13. Between September 2021 and October 2021, 78941, TX real estate market has seen decrease in the number of listings by 23.5%. Listings spent 59 days on the market in October 2021, and had a median list price of $299,000 during the same period. Between September 2021 and October 2021, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went down by 83.9%, 2 bedrooms properties became 68.9% more cheaper, prices of 3 bedrooms properties increased by 9.5%, the cost of 4 bedrooms properties went up by 230.6%, 5 bedrooms properties became 0% more expensive. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 33.3% less available, 3 bedrooms homes inventory decreased by 20%, volume of 4 bedrooms homes stayed the same, volume of 5 bedrooms homes went down by 100%. In October 2021 more than 1 listings in 78941, TX were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below.