Is 78254, 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, 78254 was a Seller's Market.
Housing Prices in 78254, TX
How much do homes in 78254, TX cost?
Median Sold Price
$333,488
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78254 was $333,488 in April 2024, down 4.8% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $325.9K | $232.5K | -28.7% |
3 Bedrooms | $300.5K | $289.7K | -3.6% |
4 Bedrooms | $389.9K | $376.5K | -3.5% |
5+ Bedrooms | $450K | $405K | -10.0% |
Summary: 78254 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 28.7%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 10%.
Housing Supply in 78254, TX
How many homes are available in 78254, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
518 | 595 | +14.9% |
Summary: The 78254 real estate market had 595 homes for sale in April 2024, a 14.9% 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 | 7 | 9 | +28.6% |
3 Bedrooms | 235 | 259 | +10.2% |
4 Bedrooms | 226 | 272 | +20.4% |
5+ Bedrooms | 50 | 55 | +10.0% |
Summary: The 78254 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 28.6%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
95 | 96 | +1.1% |
Asking Price vs. Sold Price
55 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 96 homes were sold or pending in 78254 in April 2024, up by 1.1% month-over-month. Of the 96 sold homes, 57% were sold under asking, 33% were sold at asking, and 9% were sold over asking.
Days on Market for 78254, TX
How long does it take to sell a home in 78254, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 77 Days | +12.6% |
Summary: Homes in 78254 had an average of 77 days on market in Apr 2024, up by 12.6% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
32 Homes Were Sold
Over 90 Days
Summary: During April 2024, 96 homes were sold in 78254; 31% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.