Is 78934, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78934 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 78934 was a Seller's Market.

Key Takeaway

78934 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 78934, TX

How much do homes in 78934, TX cost?

Median Sold Price

$304,500

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$500(-0.2%)

Key Takeaway

The sold price of homes in 78934 has remained the same since last year.

Summary: The median home sold price in 78934 was $304,500 in November 2024, down 0.2% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $190K-
N/A
2 $210K$209.2K
-0.4%
3 $305K$317K
+3.9%
4 $478.5K$398.5K
-16.7%
5+ $425K-
N/A

Summary: 78934 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

78962
+22.5%
78934
-0.2%

Housing Supply in 78934, TX

How many homes are available in 78934, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
43430.0%

Summary: The 78934 real estate market had 43 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 33
0.0%
3 2523
-8.0%
4 1313
0.0%
5+ 02
+100.0%

Summary: The 78934 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 8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78934, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 78934 in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 78934, TX

How long does it take to sell a home in 78934, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
80 Days36 Days-54.2%

Summary: Homes in 78934 had an average of 36 days on market in Nov 2024, down by 54.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78934 has remained consistent over time.

Summary: During November 2024, 4 homes were sold in 78934; 25% of homes were sold within 30 days, 75% 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 21 Days Ago

Newest Listings in 78934, TX

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