Is 78552, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78552 is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, 78552 has remained a Buyer's Market.

Key Takeaway

78552 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 78552, TX

How much do homes in 78552, TX cost?

Median Sold Price

$290,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$15,000(+5.5%)

Key Takeaway

Homes in 78552 have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in 78552 was $290,000 in December 2024, up 5.5% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $149.5K$171.5K
+14.7%
3 $252K$250K
-0.8%
4 $350.5K$377K
+7.6%
5+ $504.5K$465K
-7.8%

Summary: 78552 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.7%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 7.8%.

Median Sold Price Compared To Nearby Zip Codes

78552
+5.5%
78550
+2.6%

Housing Supply in 78552, TX

How many homes are available in 78552, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
211230+9.0%

Summary: The 78552 real estate market had 230 homes for sale in December 2024, a 9.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 1924
+26.3%
3 9196
+5.5%
4 8594
+10.6%
5+ 1515
0.0%

Summary: The 78552 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1513-13.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78552, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 78552 in December 2024, down by 13.3% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.

Days on Market for 78552, TX

How long does it take to sell a home in 78552, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
83 Days105 Days+26.2%

Summary: Homes in 78552 had an average of 105 days on market in Dec 2024, up by 26.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78552 has remained consistent over time.

Summary: During December 2024, 13 homes were sold in 78552; 8% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 78552, TX

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