The 78723 housing market is somewhat competitive. Homes in 78723 receive 2 offers on average and sell in around 93 days. The median sale price of a home in 78723 was $558K last month, down 3.0% since last year. The median sale price per square foot in 78723 is $353, down 7.9% since last year.
In March 2024, 78723 home prices were down 3.0% compared to last year, selling for a median price of $558K. On average, homes in 78723 sell after 93 days on the market compared to 64 days last year. There were 102 homes sold in March this year, down from 105 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$557,500
-3.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
78723, TX
$557,500
-3.0%
United States
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How hot is the 78723 housing market?
78723 is somewhat competitive. Homes sell in 78 days.
0
100
35
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 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 78 days.
Hot homes
can sell for around list price and go pending in around 27 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 78723 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 78723.
Risk Factor
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. 569 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.
42% of properties are at risk of wildfire over the next 30 years
Fire Factor
78723 has a moderate risk of wildfire. There are 4,032 properties in 78723 that have some risk of being affected by wildfire over the next 30 years. This represents 42% 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. 9,442 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.