$2,482 Closing Credit*
$209,000
952 SqFt
2 Beds
•2 Full Baths
Vicky Hsu, Listing Office: REALM Real Estate Professionals - West Houston
Is 78750, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 78750 has remained a Seller's Market.
Key Takeaway
78750 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 78750, TX
How much do homes in 78750, TX cost?
Median Sold Price
$602,500
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,500(+5.7%)
Key Takeaway
Homes in 78750 have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in 78750 was $602,500 in October 2024, up 5.7% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | - | N/A |
| 2 Bedrooms | $355.9K | $362.2K | +1.8% |
| 3 Bedrooms | $475K | $451.9K | -4.8% |
| 4 Bedrooms | $770K | $804.1K | +4.4% |
| 5+ Bedrooms | $1.0M | $1.1M | +9.0% |
Summary: 78750 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 9%.
Housing Supply in 78750, TX
How many homes are available in 78750, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 111 | 108 | -2.7% |
Summary: The 78750 real estate market had 108 homes for sale in October 2024, a 2.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 42 | 38 | -9.5% |
| 4 Bedrooms | 49 | 47 | -4.1% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 78750 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 19 | -20.8% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 78750, you may be able to get a good deal. 89.5% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 78750 in October 2024, down by 20.8% month-over-month. Of the 19 sold homes, 89% were sold under asking, 0% were sold at asking, and 11% were sold over asking.
Days on Market for 78750, TX
How long does it take to sell a home in 78750, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 62 Days | +24.5% |
Summary: Homes in 78750 had an average of 62 days on market in Oct 2024, up by 24.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 78750 has remained consistent over time.
Summary: During October 2024, 19 homes were sold in 78750; 32% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.