Is 79938, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 79938 is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, 79938 has remained a Seller's Market.

Key Takeaway

79938 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 79938, TX cost?

Median Sold Price

$230,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$30,474(+15.3%)

Key Takeaway

Homes in 79938 have sold for 15.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $185K$90K
-51.4%
2 $128K$132.5K
+3.5%
3 $187.1K$215K
+14.9%
4 $215K$249.9K
+16.3%
5+ $250K$324.9K
+30.0%

Median Sold Price Compared To Nearby Zip Codes

79928
+15.9%
79938
+15.3%

How many homes are available in 79938, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
310320+3.2%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 22
0.0%
2 22
0.0%
3 136144
+5.9%
4 148146
-1.4%
5+ 2226
+18.2%

Number of Homes Sold

Oct 2022Nov 2022%
6283+33.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 79938, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
19 Days24 Days+28.9%

Breakdown of Home Sale Times

59 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 79938 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 79938, TX

Homes for sale in 79938, TX have reached 320. Between October 2022 and November 2022, 79938, TX real estate market has seen increase in the number of listings by 3.2%. In November 2022 median list price was $230,000 and the average listing age was 24 days. Listing prices have changed in this real estate market between October 2022 and November 2022: 1 bedroom properties prices decreased by 51.4%, prices of 2 bedrooms properties increased by 3.5%, prices of 3 bedrooms properties went up by 14.9%, 4 bedrooms properties prices increased by 16.3%, prices of 5 bedrooms properties went up by 30%. This housing market inventory have changed: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes stayed the same, the quantity of 3 bedrooms homes went up by 5.9%, number of 4 bedrooms homes decreased by 1.4%, volume of 5 bedrooms homes went up by 18.2%. 79938, TX housing market in November 2022 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 1 sold below.