Is 79924, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 79924 is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, 79924 has remained a Seller's Market.

Key Takeaway

79924 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 79924, TX cost?

Median Sold Price

$165,000

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$22,000(+15.4%)

Key Takeaway

Homes in 79924 have sold for 15.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $84.9K$87.5K
+3.1%
2 $98.5K$133K
+35.0%
3 $139.3K$157.7K
+13.2%
4 $162.5K$185.5K
+14.2%
5+ $188K$185K
-1.6%

Median Sold Price Compared To Nearby Zip Codes

79934
+18.6%
79924
+15.4%
79936
+14.7%
79904
+10.1%

How many homes are available in 79924, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
150143-4.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 13
+200.0%
3 109102
-6.4%
4 3634
-5.6%
5+ 44
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
4744-6.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 79924, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
28 Days25 Days-11.5%

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 79924 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 79924, TX

Number of homes for sale in 79924, TX real estate market have reached 143. Between September 2022 and October 2022, 79924, TX real estate market has seen decrease in the number of listings by 4.7%. Listings spent 25 days on the market in October 2022, and had a median list price of $165,000 during the same period. Real estate listing prices changed between September 2022 and October 2022: the cost of 1 bedroom properties went up by 3.1%, 2 bedrooms properties prices increased by 35%, 3 bedrooms properties prices increased by 13.2%, the cost of 4 bedrooms properties went up by 14.2%, prices of 5 bedrooms properties went down by 1.6%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, number of 2 bedrooms homes increased by 200%, 3 bedrooms homes became 6.4% less available, volume of 4 bedrooms homes went down by 5.6%, number of 5 bedrooms homes remained the same. In October 2022, from all listings sold in 79924, TX there were more than 24 sold above asking price, over 7 sold below and more than 13 were sold right at the asked price.