Is 78759, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 78759 has remained a Seller's Market.
Housing Prices in 78759, TX
How much do homes in 78759, TX cost?
Median Sold Price
$636,420
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78759 was $636,420 in April 2024, down 9% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $248K | -17.3% |
2 Bedrooms | $400K | $400K | 0.0% |
3 Bedrooms | $680K | $605.7K | -10.9% |
4 Bedrooms | $897.4K | $847.2K | -5.6% |
5+ Bedrooms | $1.1M | $1.1M | +0.8% |
Summary: 78759 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.3%, 2 bedroom homes did not change, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 0.8%.
Housing Supply in 78759, TX
How many homes are available in 78759, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
129 | 145 | +12.4% |
Summary: The 78759 real estate market had 145 homes for sale in April 2024, a 12.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 28 | 29 | +3.6% |
3 Bedrooms | 42 | 47 | +11.9% |
4 Bedrooms | 47 | 55 | +17.0% |
5+ Bedrooms | 7 | 11 | +57.1% |
Summary: The 78759 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 25 | -34.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 78759 in April 2024, down by 34.2% month-over-month. Of the 25 sold homes, 52% were sold under asking, 24% were sold at asking, and 24% were sold over asking.
Days on Market for 78759, TX
How long does it take to sell a home in 78759, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 22 Days | -34.6% |
Summary: Homes in 78759 had an average of 22 days on market in Apr 2024, down by 34.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in 78759; 80% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.