Is 78945, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 78945 was a Seller's Market.
Housing Prices in 78945, TX
How much do homes in 78945, TX cost?
Median Sold Price
$367,500
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78945 was $367,500 in April 2024, up 5% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $450K | N/A |
2 Bedrooms | $242K | $290K | +19.8% |
3 Bedrooms | $365K | $335K | -8.2% |
4 Bedrooms | $567.5K | $752K | +32.5% |
5+ Bedrooms | $600K | $482K | -19.7% |
Summary: 78945 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.8%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 32.5%, and 5+ bedroom homes decreased by 19.7%.
Housing Supply in 78945, TX
How many homes are available in 78945, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 79 | +11.3% |
Summary: The 78945 real estate market had 79 homes for sale in April 2024, a 11.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 12 | 13 | +8.3% |
3 Bedrooms | 34 | 36 | +5.9% |
4 Bedrooms | 15 | 18 | +20.0% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 78945 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 78945 in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 78945, TX
How long does it take to sell a home in 78945, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 86 Days | +58.6% |
Summary: Homes in 78945 had an average of 86 days on market in Apr 2024, up by 58.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in 78945; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.