The 78723 housing market is not very competitive. Homes in 78723 receive 1 offers on average and sell in around 70 days. The median sale price of a home in 78723 was $555K last month, down 7.5% since last year. The median sale price per square foot in 78723 is $315, down 15.9% since last year.
In October 2024, 78723 home prices were down 7.5% compared to last year, selling for a median price of $555K. On average, homes in 78723 sell after 70 days on the market compared to 50 days last year. There were 91 homes sold in October this year, down from 115 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$555,000
-7.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
78723, TX
$555,000
-7.5%
United States
To compare other locations to the 78723 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 78723 housing market?
78723 is not very competitive. Homes sell in 76 days.
0
100
24
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 3 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 76 days.
Hot homes
can sell for around list price and go pending in around 42 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
78723, TX
96.4%
-1.2 pt
United States
Home offer insights for 78723
Explore recent offers and recently sold homes in 78723
Recent offers
Offer Not Accepted|
12 Weeks Ago
~$300K Offer
Sold for $275K
3bd | 1ba | ~1,250sqft
Over List Price
0%
Days on Market
23
Competing Offers
0
Down Payment
—
Jason Bouchard
78723 Redfin Agent
Schools in 78723
Learn about schools in the 78723 area
Elementary
Middle
High
GreatSchools Rating
6/10
Blanton Elementary School
Public • PreK-5
598
Students
15 reviews
3/10
Winn Montessori School
Public • PreK-5
231
Students
7 reviews
3/10
Harris Elementary School
Public • PreK-5
415
Students
6 reviews
2/10
Pecan Springs Elementary School
Public • PreK-5
266
Students
6 reviews
2/10
Andrews Elementary School
Public • PreK-5
333
Students
3 reviews
Only showing 5 of
6 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 78723 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 78723.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
78723 has a minor risk of flooding. 563 properties in 78723 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 78723. Flood risk is increasing slower than the national average.
39% of properties are at risk of wildfire over the next 30 years
Fire Factor
78723 has a moderate risk of wildfire. There are 3,763 properties in 78723 that have some risk of being affected by wildfire over the next 30 years. This represents 39% of all properties in 78723.
99% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
78723 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 78723 is most at risk from hurricanes. 9,435 properties in 78723 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 104 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 113 mph.