Is 79835, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 79835 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 79835 was a Seller's Market.

Key Takeaway

79835 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 79835, TX cost?

Median Sold Price

$325,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$53,275(+19.6%)

Key Takeaway

Homes in 79835 have sold for 19.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 --
N/A
3 $247.5K$290K
+17.2%
4 $292.5K$339.5K
+16.1%
5+ $330.7K$386.2K
+16.8%

Median Sold Price Compared To Nearby Zip Codes

79911
+23.7%
79821
+22.7%
79835
+19.6%
79912
+19.5%
79932
+10.6%

How many homes are available in 79835, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
4654+17.4%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 01
+100.0%
3 710
+42.9%
4 2825
-10.7%
5+ 1118
+63.6%

Number of Homes Sold

Sep 2022Oct 2022%
97-22.2%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 79835, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Average Sale Time

Oct 2021Oct 2022%
7 Days12 Days+66.0%

Breakdown of Home Sale Times

6 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 79835 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 79835, TX

79835, TX has 54 homes on the market. The inventory of homes for sale in 79835, TX between September 2022 and October 2022 increased by 17.4%. The median list price of listings available in October 2022 was $325,000, while the average time on the real estate market was 12 days. Real estate listing prices changed between September 2022 and October 2022: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties became 17.2% more expensive, 4 bedrooms properties became 16.1% more expensive, prices of 5 bedrooms properties went up by 16.8%. This housing market inventory have changed: 1 bedroom homes did not move, volume of 2 bedrooms homes went up by 100%, 3 bedrooms homes became 42.9% more available, volume of 4 bedrooms homes went down by 10.7%, volume of 5 bedrooms homes went up by 63.6%. In October 2022 more than 3 listings in 79835, TX were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 1 were sold below.