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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78941 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 78941 was a Seller's Market.

Key Takeaway

78941 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78941, TX cost?

Median Sold Price

$430,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$131,000(+43.8%)

Key Takeaway

Homes in 78941 have sold for 43.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $368.3K$240K
-34.8%
2 $85K$277.5K
+226.5%
3 $224K$452.5K
+102.0%
4 $591.7K$430K
-27.3%
5+ $200K-
N/A

How many homes are available in 78941, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
912+33.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 12
+100.0%
3 58
+60.0%
4 10
-100.0%
5+ 22
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
59 Days3 Days-94.9%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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.

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

About 78941, TX

78941, TX has 12 homes for sale to choose from. Between September 2022 and October 2022, 78941, TX real estate market has seen increase in the number of listings by 33.3%. In October 2022 median list price was $430,000 and the average listing age was 3 days. 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 decreased by 34.8%, the cost of 2 bedrooms properties went up by 226.5%, prices of 3 bedrooms properties increased by 102%, prices of 4 bedrooms properties decreased by 27.3%, the cost of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went up by 100%, 3 bedrooms homes inventory increased by 60%, the quantity of 4 bedrooms homes went down by 100%, number of 5 bedrooms homes remained the same. 78941, TX housing market in October 2022 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below.