Is 78732, 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, 78732 was a Seller's Market.
Housing Prices in 78732, TX
How much do homes in 78732, TX cost?
Median Sold Price
$868,500
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 78732 was $868,500 in May 2024, up 0.4% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $440K | N/A |
2 Bedrooms | $736K | $500K | -32.1% |
3 Bedrooms | $660K | $687.7K | +4.2% |
4 Bedrooms | $840K | $805K | -4.2% |
5+ Bedrooms | $1.0M | $1.2M | +15.1% |
Summary: 78732 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.1%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 15.1%.
Housing Supply in 78732, TX
How many homes are available in 78732, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
96 | 128 | +33.3% |
Summary: The 78732 real estate market had 128 homes for sale in May 2024, a 33.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 16 | 20 | +25.0% |
4 Bedrooms | 45 | 61 | +35.6% |
5+ Bedrooms | 33 | 43 | +30.3% |
Summary: The 78732 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 35.6%, and 5+ bedroom homes increased by 30.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 19 | +11.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 78732 in May 2024, up by 11.8% month-over-month. Of the 19 sold homes, 63% were sold under asking, 21% were sold at asking, and 16% were sold over asking.
Days on Market for 78732, TX
How long does it take to sell a home in 78732, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 41 Days | +19.6% |
Summary: Homes in 78732 had an average of 41 days on market in May 2024, up by 19.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in 78732; 68% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.