Is 78730, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 78730 was a Seller's Market.
Housing Prices in 78730, TX
How much do homes in 78730, TX cost?
Median Sold Price
$1,175,499
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 78730 was $1,175,499 in May 2024, up 19.8% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $292.5K | $294K | 0.5% |
2 Bedrooms | $432K | $345K | -20.1% |
3 Bedrooms | $875K | $950K | +8.6% |
4 Bedrooms | $1.1M | $1.3M | +13.5% |
5+ Bedrooms | $1.6M | $1.6M | +0.9% |
Summary: 78730 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes decreased by 20.1%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 0.9%.
Housing Supply in 78730, TX
How many homes are available in 78730, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
92 | 98 | +6.5% |
Summary: The 78730 real estate market had 98 homes for sale in May 2024, a 6.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 11 | +37.5% |
2 Bedrooms | 17 | 19 | +11.8% |
3 Bedrooms | 14 | 18 | +28.6% |
4 Bedrooms | 33 | 33 | 0.0% |
5+ Bedrooms | 20 | 17 | -15.0% |
Summary: The 78730 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 15%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 78730 in May 2024, the same as the previous month. Of the 14 sold homes, 71% were sold under asking, 7% were sold at asking, and 21% were sold over asking.
Days on Market for 78730, TX
How long does it take to sell a home in 78730, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 42 Days | +66.5% |
Summary: Homes in 78730 had an average of 42 days on market in May 2024, up by 66.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in 78730; 43% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.