Is 78942, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78942 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 78942 has remained a Seller's Market.

Key Takeaway

78942 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78942, TX cost?

Median Sold Price

$247,750

$152/sqft

Based on all homes sold in November 2021.

Difference Since Last Month

+$57,750(+30.4%)

Key Takeaway

Homes in 78942 have sold for 30.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Nov 2021%
1 -$108K
N/A
2 $155K-
N/A
3 $197.5K$247.7K
+25.4%
4 $261K$550K
+110.7%
5+ $190K-
N/A

How many homes are available in 78942, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
2013-35.0%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 11
0.0%
2 41
-75.0%
3 107
-30.0%
4 32
-33.3%
5+ 22
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
74-42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78942, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Nov 2021%
12 Days20 Days+72.9%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78942 are selling fast, if you're buying plan to act quickly.

About 78942, TX

78942, TX has 13 homes on the market. In November 2021 in 78942, TX there were 35% less homes for sale than in October 2021. Listings spent 20 days on the market in November 2021, and had a median list price of $247,750 during the same period. From November 2020 through November 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 0%, 3 bedrooms properties became 25.4% more expensive, prices of 4 bedrooms properties went up by 110.7%, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went down by 75%, 3 bedrooms homes inventory decreased by 30%, 4 bedrooms homes inventory decreased by 33.3%, number of 5 bedrooms homes remained the same. Over 1 listings were sold over their listed price in November 2021 in 78942, TX. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price.