Is 79904, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 79904 is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, 79904 has remained a Seller's Market.

Key Takeaway

79904 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 79904, TX cost?

Median Sold Price

$175,000

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$16,000(+10.1%)

Key Takeaway

Homes in 79904 have sold for 10.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $95K$125.5K
+32.1%
3 $147K$160K
+8.8%
4 $219K$250K
+14.2%
5+ $268.5K$338.9K
+26.2%

Median Sold Price Compared To Nearby Zip Codes

79924
+15.4%
79904
+10.1%
79930
+9.1%

How many homes are available in 79904, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
5661+8.9%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 26
+200.0%
3 3330
-9.1%
4 1722
+29.4%
5+ 43
-25.0%

Number of Homes Sold

Sep 2022Oct 2022%
1216+33.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 79904, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
21 Days36 Days+66.7%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 79904 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 79904, TX

79904, TX has 61 homes on the market. The inventory of homes for sale in 79904, TX between September 2022 and October 2022 increased by 8.9%. The median list price of listings available in October 2022 was $175,000, while the average time on the real estate market was 36 days. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 32.1% more expensive, 3 bedrooms properties prices increased by 8.8%, 4 bedrooms properties became 14.2% more expensive, prices of 5 bedrooms properties went up by 26.2%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 200%, 3 bedrooms homes inventory decreased by 9.1%, 4 bedrooms homes became 29.4% more available, 5 bedrooms homes inventory decreased by 25%. 79904, TX housing market in October 2022 saw over 3 listings sold above listed price, more than 5 sold at listed price and over 8 sold below.