Is 78956, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78956 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 78956 has remained a Buyer's Market.

Key Takeaway

78956 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78956, TX cost?

Median Sold Price

$227,500

$135/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

-$35,750(-13.6%)

Key Takeaway

Homes in 78956 have sold for 13.6% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 --
N/A
3 $263.2K$135K
-48.7%
4 -$320K
N/A
5+ --
N/A

How many homes are available in 78956, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
21210.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 22
0.0%
2 32
-33.3%
3 1213
+8.3%
4 44
0.0%
5+ 00
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
220.0%

Asking Price vs. Sold Price

2 Homes Were 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 78956, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Sep 2022Oct 2022%
27 Days15 Days-44.4%

Breakdown of Home Sale Times

1 Home Was 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 78956 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 78956, TX

78956, TX has 21 homes for sale to choose from. While the average time on the market in October 2022 was 15 days, the median list price was $227,500. Listing prices have changed in this real estate market between October 2021 and October 2022: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, 3 bedrooms properties became 48.7% more cheaper, the cost of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 33.3%, volume of 3 bedrooms homes went up by 8.3%, 4 bedrooms homes inventory did not change, 5 bedrooms homes inventory did not change. Over 0 listings were sold over their listed price in October 2022 in 78956, TX. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price.