The 78550 housing market is somewhat competitive. The median sale price of a home in 78550 was $225K last month, up 7.0% since last year. The median sale price per square foot in 78550 is $111, down 9.76% since last year.
In March 2024, 78550 home prices were up 7.0% compared to last year, selling for a median price of $225K. On average, homes in 78550 sell after 45 days on the market compared to 36 days last year. There were 55 homes sold in March this year, down from 84 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$224,700
+7.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
78550, TX
$224,700
+7.0%
United States
To compare other locations to the 78550 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Texas add value to a home.
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How hot is the 78550 housing market?
78550 is somewhat competitive. Homes sell in 37 days.
0
100
49
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 37 days.
Hot homes
can sell for around list price and go pending in around 16 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Bowie Elementary School
Public • PreK-5
367
Students
N/A
8/10
Dr Hesiquio Rodriguez Elementary School
Public • PreK-5
724
Students
3 reviews
7/10
Austin Elementary School
Public • PreK-5
425
Students
1 reviews
7/10
Bonham Elementary School
Public • PreK-5
702
Students
3 reviews
7/10
Travis Elementary School
Public • PreK-5
391
Students
N/A
Only showing 5 of
20 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 78550 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 78550.
Risk Factor
Flood Factor - Moderate
58% of properties are at risk of severe flooding over the next 30 years
Flood Factor
78550 has a moderate risk of flooding. 7,592 properties in 78550 are likely to be
severely affected
by flooding over the next 30 years. This represents 58% of all properties in 78550. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
78550 has a moderate risk of wildfire. There are 5,215 properties in 78550 that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in 78550.
55% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
78550 has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 78550 is most at risk from hurricanes. 11,155 properties in 78550 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 169 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 179 mph.