Is 78957, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78957 is a buyer's market

Buyer's
Market

Difference Since October 2020

At the same time last year, 78957 was a Seller's Market.

Key Takeaway

78957 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78957, TX cost?

Median Sold Price

$317,500

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$74,500(+30.7%)

Key Takeaway

Homes in 78957 have sold for 30.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $150K$173.7K
+15.8%
2 $200K$238K
+19.0%
3 $234.4K$317.5K
+35.4%
4 $325K$426.4K
+31.2%
5+ $2.5M$829.5K
-67.5%

Median Sold Price Compared To Nearby Zip Codes

78957
+30.7%
78602
+26.1%
78659
+10.1%

How many homes are available in 78957, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
3035+16.7%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 12
+100.0%
2 54
-20.0%
3 1720
+17.6%
4 67
+16.7%
5+ 12
+100.0%

Number of Homes Sold

Sep 2021Oct 2021%
74-42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78957, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
69 Days21 Days-69.0%

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 78957 are selling fast, if you're buying plan to act quickly.

About 78957, TX

Number of homes for sale in 78957, TX real estate market have reached 35. Between September 2021 and October 2021, 78957, TX real estate market has seen increase in the number of listings by 16.7%. Listings spent 21 days on the market in October 2021, and had a median list price of $317,500 during the same period. Real estate listing prices changed between September 2021 and October 2021: 1 bedroom properties became 15.8% more expensive, prices of 2 bedrooms properties increased by 19%, the cost of 3 bedrooms properties went up by 35.4%, 4 bedrooms properties became 31.2% more expensive, prices of 5 bedrooms properties went down by 67.5%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went up by 100%, number of 2 bedrooms homes decreased by 20%, 3 bedrooms homes inventory increased by 17.6%, volume of 4 bedrooms homes went up by 16.7%, number of 5 bedrooms homes increased by 100%. While more than 2 listings in 78957, TX in October 2021 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below.