$289,000
10.43 Acres
Land
Adam Cormany, Listing Office: Compass RE Texas, LLC
Is 78945, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 78945 was a Seller's Market.
Key Takeaway
78945 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 78945, TX
How much do homes in 78945, TX cost?
Median Sold Price
$337,500
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$35,000(-9.4%)
Key Takeaway
Homes in 78945 have sold for 9.4% less than they did a year ago.
Summary: The median home sold price in 78945 was $337,500 in November 2024, down 9.4% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $575K | +76.9% |
| 2 Bedrooms | $280K | $279K | -0.4% |
| 3 Bedrooms | $380K | $340K | -10.5% |
| 4 Bedrooms | $630K | $409.7K | -35.0% |
| 5+ Bedrooms | $485K | $680K | +40.2% |
Summary: 78945 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.9%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 35%, and 5+ bedroom homes increased by 40.2%.
Housing Supply in 78945, TX
How many homes are available in 78945, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 88 | 87 | -1.1% |
Summary: The 78945 real estate market had 87 homes for sale in November 2024, a 1.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 22 | 21 | -4.5% |
| 3 Bedrooms | 39 | 37 | -5.1% |
| 4 Bedrooms | 19 | 22 | +15.8% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 78945 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 decreased by 4.5%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 78945, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 78945 in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for 78945, TX
How long does it take to sell a home in 78945, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 72 Days | 138 Days | +90.8% |
Summary: Homes in 78945 had an average of 138 days on market in Nov 2024, up by 90.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 78945 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 5 homes were sold in 78945; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
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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. 
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