The 78240 housing market is somewhat competitive. Homes in 78240 receive 3 offers on average and sell in around 35 days. The median sale price of a home in 78240 was $270K last month, down 0.093% since last year. The median sale price per square foot in 78240 is $164, down 2.1% since last year.
In April 2024, 78240 home prices were down 0.093% compared to last year, selling for a median price of $270K. On average, homes in 78240 sell after 35 days on the market compared to 49 days last year. There were 89 homes sold in April this year, down from 96 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$270,000
-0.093% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
78240, TX
$270,000
-0.093%
United States
To compare other locations to the 78240 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 78240 housing market?
78240 is somewhat competitive. Homes sell in 34 days.
0
100
55
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 34 days.
Hot homes
can sell for around list price and go pending in around 16 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
78240, TX
96.5%
-1.1 pt
United States
Home offer insights for 78240
Explore recent offers and recently sold homes in 78240
Recent offers
Offer Not Accepted|
6 Weeks Ago
~$200K Offer
Sold for $225K
3bd | 2ba | ~1,500sqft
Under List Price
14%
Days on Market
15
Competing Offers
2
Down Payment
—
Michelle Tiscareno
78240 Redfin Agent
Schools in 78240
Learn about schools in the 78240 area
Elementary
Middle
High
GreatSchools Rating
5/10
Leon Valley Elementary School
Public • PreK-5
523
Students
8 reviews
5/10
Elrod Elementary School
Public • PreK-5
375
Students
8 reviews
4/10
Glenoaks Elementary School
Public • PreK-5
530
Students
3 reviews
4/10
Thornton Elementary School
Public • PreK-5
525
Students
11 reviews
4/10
Driggers Elementary School
Public • PreK-5
489
Students
6 reviews
Only showing 5 of
11 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 78240 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 78240.
Risk Factor
Flood Factor - Moderate
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
78240 has a moderate risk of flooding. 988 properties in 78240 are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in 78240. Flood risk is increasing slower than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
78240 has a moderate risk of wildfire. There are 969 properties in 78240 that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in 78240.
94% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
78240 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 78240 is most at risk from hurricanes. 11,603 properties in 78240 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 100 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 110 mph.