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78416 Housing Market Report July 2025•Nueces County, Texas

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Housing Prices in 78416, TX

How much do homes in 78416, TX cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$143,500$135/SqFt
+$16,732
+13.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 78416 has increased by 13.2% since last year.

Summary: The median home list price in 78416 was $143,500 in July 2025, up 13.2% from the previous year, and the median price per square foot was $135.

Median List Price By Zip Codes

Median List 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 YoY
78416
+13.2%
78415
-4.2%

Median List Price By Bedrooms

Median List 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.
BedsJul 2024Jul 2025Change YoY
1$20K$102.9K
+414.5%
2-$100K
N/A
3$46K$143.5K
+211.8%
4$219.9K$199.4K
-9.3%
5-$225.8K
N/A

Summary: 78416 housing price by bedroom type for July 2025, compared to the previous year. The home price for 1 bedroom homes increased by +414.5%. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +211.8%. The home price for 4 bedroom homes decreased by -9.3%. The home price for 5 bedroom homes did not change.

How does 78416, TX compare with other places?

Market comparison tool

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

78416, TX

Housing supply in 78416, TX

How many homes are available in 78416, 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
26Last MonthJul 2025
272 months agoJun 2025
-3.7 %
Change MoMJun – Jul

Summary: The 78416 real estate market had 26 homes for sale in Jul 2025, a 3.7 % decrease compared to Jun 2025.

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.
BedsJun 2025Jul 2025Change MoM
111
0.0%
21010
0.0%
31110
-9.1%
444
0.0%
511
0.0%

Summary: 78416 housing inventory by bedroom type for July 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 -9.1%. 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 78416, 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 Price1 Home

Under Asking Price5 Homes

Insight

If you're buying a home in 78416, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 78416 in July 2025, up by 500.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and and 0% were sold over asking.

Days on Market for 78416, TX

How long does it take to sell a home in 78416, TX?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days3 Homes

Over 90 Days3 Homes

Insight

Avg time on Rocket Homes in 78416 has remained consistent over time.

Summary: During July 2025, 6 homes were sold in 78416; 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 Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
106 DaysThis YearJul 2025
160 Days1 year agoJul 2024
-33.5 %
Change YoYJul 2024 – Jul 2025

Summary: Homes in 78416 had an average listing age of 106 days in Jul 2025, down by 33.5% compared to the previous year.

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Newest Listings in 78416, TX

What homes are available in 78416, TX?

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Nearby markets aren't available for 78416, TX

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MLS Disclaimers and Copyright

Based on information from South Texas MLS, for the period 08/01/2023 - 08/01/2025

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: 8/4/2025, 4:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.