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 2021

At the same time last year, 78957 was a Neutral 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

$368,500

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$58,500(+18.9%)

Key Takeaway

Homes in 78957 have sold for 18.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $125K$525K
+320.0%
2 $232.5K$295K
+26.9%
3 $315K$372K
+18.1%
4 $455.7K$497.5K
+9.2%
5+ $829.5K$349.5K
-57.9%

Median Sold Price Compared To Nearby Zip Codes

78602
+24.5%
78957
+18.9%
78659
+14.5%

How many homes are available in 78957, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
4855+14.6%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 44
0.0%
2 1413
-7.1%
3 2022
+10.0%
4 913
+44.4%
5+ 13
+200.0%

Number of Homes Sold

Sep 2022Oct 2022%
86-25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 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. 66.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
18 Days40 Days+118.3%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 78957, TX

78957, TX has 55 homes on the market. Between September 2022 and October 2022, 78957, TX real estate market has seen increase in the number of listings by 14.6%. The median list price of listings available in October 2022 was $368,500, while the average time on the real estate market was 40 days. Real estate listing prices changed between September 2022 and October 2022: prices of 1 bedroom properties went up by 320%, prices of 2 bedrooms properties went up by 26.9%, 3 bedrooms properties prices increased by 18.1%, 4 bedrooms properties became 9.2% more expensive, 5 bedrooms properties became 57.9% more cheaper. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, number of 2 bedrooms homes decreased by 7.1%, 3 bedrooms homes inventory increased by 10%, 4 bedrooms homes became 44.4% more available, volume of 5 bedrooms homes went up by 200%. 78957, TX housing market in October 2022 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 4 sold below.