Is 78719, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78719 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 78719 has remained a Seller's Market.

Key Takeaway

78719 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 78719, TX

How much do homes in 78719, TX cost?

Median Sold Price

$275,000

$149/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$365,000(-57.0%)

Key Takeaway

Homes in 78719 have sold for 57% less than they did a month ago.

Summary: The median home sold price in 78719 was $275,000 in November 2024, down 57% from last month, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $640K-
N/A
4 -$275K
N/A
5+ --
N/A

Summary: 78719 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 78719, TX

How many homes are available in 78719, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
330.0%

Summary: The 78719 real estate market had 3 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The 78719 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78719, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 78719 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 78719, TX

How long does it take to sell a home in 78719, TX?

Average Sale Time

Oct 2024Nov 2024CHANGE
105 Days8 Days-92.4%

Summary: Homes in 78719 had an average of 8 days on market in Nov 2024, down by 92.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78719 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 78719; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 25 Days Ago

Newest Listings in 78719, TX

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