Is 78260, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 78260 was a Seller's Market.
Housing Prices in 78260, TX
How much do homes in 78260, TX cost?
Median Sold Price
$532,429
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78260 was $532,429 in April 2024, up 3.4% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $362K | N/A |
2 Bedrooms | $461.7K | $407.7K | -11.7% |
3 Bedrooms | $400K | $419.3K | +4.8% |
4 Bedrooms | $569.5K | $576.9K | +1.3% |
5+ Bedrooms | $648.2K | $775K | +19.6% |
Summary: 78260 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 19.6%.
Housing Supply in 78260, TX
How many homes are available in 78260, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
279 | 297 | +6.5% |
Summary: The 78260 real estate market had 297 homes for sale in April 2024, a 6.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 93 | 99 | +6.5% |
4 Bedrooms | 155 | 161 | +3.9% |
5+ Bedrooms | 29 | 34 | +17.2% |
Summary: The 78260 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 17.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 47 | -17.5% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in 78260 in April 2024, down by 17.5% month-over-month. Of the 47 sold homes, 66% were sold under asking, 21% were sold at asking, and 13% were sold over asking.
Days on Market for 78260, TX
How long does it take to sell a home in 78260, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
82 Days | 71 Days | -13.2% |
Summary: Homes in 78260 had an average of 71 days on market in Apr 2024, down by 13.2% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 47 homes were sold in 78260; 49% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.