The 78616 housing market is not very competitive. The median sale price of a home in 78616 was $470K last month, up 56.6% since last year. The median sale price per square foot in 78616 is $356, up 47.1% since last year.
In March 2024, 78616 home prices were up 56.6% compared to last year, selling for a median price of $470K. On average, homes in 78616 sell after 176 days on the market compared to 136 days last year. There were 8 homes sold in March this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$469,950
+56.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
78616, TX
$469,950
+56.6%
United States
To compare other locations to the 78616 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 78616 housing market?
78616 is not very competitive. Homes sell in 138 days.
0
100
11
Not Very 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 9 months
Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 138 days.
Hot homes
can sell for about 1% below list price and go pending in around 58 days.
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 78616 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 78616.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
78616 has a moderate risk of flooding. 446 properties in 78616 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 78616. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
78616 has a severe risk of wildfire. There are 4,592 properties in 78616 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 78616.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
78616 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 78616 is most at risk from hurricanes. 4,593 properties in 78616 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 125 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 132 mph.