78401 Housing Market Report May 2025•Nueces County, Texas

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Housing Prices in 78401, TX

How much do homes in 78401, TX cost?

Housing Market Conditions

Is 78401, TX a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

78401 is a Buyer's Market

Difference Since April 2025

Last month, 78401 has remained a Buyer's Market.

Insight

78401 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$229,500$129/SqFt
+$48,272
+26.6%

Based on all homes sold in May 2025

Insight

Homes in 78401 have sold for 26.6% more than they did a month ago.

Summary: The median home sold price in 78401 was $229,500 in May 2025, up 26.6% from last month, and the median price per square foot was $129.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
78405
+38.9%
78401
+26.6%
78404
+21.6%
78407
-17.9%
78402
-80.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2025May 2025Change MoM
1-$50K
N/A
2-$409K
N/A
3$181.2K-
N/A
4--
N/A
5--
N/A

Summary: 78401 housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 78401, TX compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

78401, TX

Housing supply in 78401, TX

How many homes are available in 78401, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
22Last MonthMay 2025
232 months agoApr 2025
-4.3 %
Change MoMApr – May

Summary: The 78401 real estate market had 22 homes for sale in May 2025, a 4.3 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
2Last MonthMay 2025
22 months agoApr 2025
0.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
166
0.0%
288
0.0%
365
-16.7%
422
0.0%
511
0.0%

Summary: 78401 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 78401, TX cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in 78401, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 78401 in May 2025, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 78401, TX

How long does it take to sell a home in 78401, TX?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in 78401 has remained consistent over time.

Summary: During May 2025, 2 homes were sold in 78401; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
184 DaysLast MonthMay 2025
76 Days1 month agoApr 2025
+142.8 %
Change MoMApr – May

Summary: Homes in 78401 had an average listing age of 184 days in May 2025, up by 142.8% compared to the previous month.

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Newest Listings in 78401, TX

What homes are available in 78401, TX?

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MLS Disclaimers and Copyright

Based on information from South Texas MLS, for the period 04/01/2025 - 06/01/2025

IDX Based on Information provided by South Texas MLS, LLC ©2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein 'AS IS' and without any warranty, express or implied. The MLS aggregate data is a copyright of Texas Association of REALTORS® (TAR) and that the reader may not reproduce or distribute the MLS aggregate data. IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 6/23/2025, 3:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.