Is 79905, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 79905 is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, 79905 has remained a Seller's Market.

Key Takeaway

79905 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 79905, TX cost?

Median Sold Price

$135,000

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$18,750(+16.1%)

Key Takeaway

Homes in 79905 have sold for 16.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $31K$58K
+87.1%
2 $88.5K$107K
+20.9%
3 $117.5K$132.5K
+12.8%
4 $152K$184.9K
+21.6%
5+ $93.5K$120K
+28.3%

Median Sold Price Compared To Nearby Zip Codes

79905
+16.1%
79903
+14.5%

How many homes are available in 79905, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
3628-22.2%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 12
+100.0%
2 74
-42.9%
3 1813
-27.8%
4 65
-16.7%
5+ 44
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
116-45.5%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 79905, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
8 Days17 Days+108.8%

Breakdown of Home Sale Times

5 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 79905 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 79905, TX

79905, TX has 28 homes for sale to choose from. The number of listings in 79905, TX decreased by 22.2% between October 2022 and November 2022. In November 2022, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $135,000. Listing prices have changed in this real estate market between October 2022 and November 2022: 1 bedroom properties prices increased by 87.1%, 2 bedrooms properties became 20.9% more expensive, 3 bedrooms properties became 12.8% more expensive, the cost of 4 bedrooms properties went up by 21.6%, prices of 5 bedrooms properties went up by 28.3%. This housing market inventory have changed: the quantity of 1 bedroom homes went up by 100%, volume of 2 bedrooms homes went down by 42.9%, 3 bedrooms homes became 27.8% less available, volume of 4 bedrooms homes went down by 16.7%, number of 5 bedrooms homes remained the same. In November 2022 more than 1 listings in 79905, TX were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below.