Is 78957, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 78957 has remained a Neutral Market.
Housing Prices in 78957, TX
How much do homes in 78957, TX cost?
Median Sold Price
$326,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78957 was $326,000 in March 2024, down 1.2% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $390K | $295K | -24.4% |
2 Bedrooms | $275K | $285.6K | +3.9% |
3 Bedrooms | $355K | $330K | -7.0% |
4 Bedrooms | $540K | $540K | 0.0% |
5+ Bedrooms | $190K | $500K | +163.2% |
Summary: 78957 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.4%, 2 bedroom homes increased by 3.9%, 3 bedroom homes decreased by 7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 163.2%.
Housing Supply in 78957, TX
How many homes are available in 78957, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 59 | +34.1% |
Summary: The 78957 real estate market had 59 homes for sale in March 2024, a 34.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 19 | 30 | +57.9% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 78957 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 57.9%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 9 | +200.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 78957 in March 2024, up by 200.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 0% were sold at asking, and 11% were sold over asking.
Days on Market for 78957, TX
How long does it take to sell a home in 78957, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
103 Days | 154 Days | +50.4% |
Summary: Homes in 78957 had an average of 154 days on market in Mar 2024, up by 50.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 78957; 0% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.