Is Sebastian, TX 78594 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Sebastian is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list103%Sold price ÷ list price

Median days on market53Listing to accepted offer

Median price per sq ft$97

The Sebastian housing market right now

In the three months ending August 31, 2026, 0% of homes in Sebastian, TX 78594 sold above their list price and the typical home went under contract in 53 days. With only 1 sale, these figures can swing a lot from month to month.

The median sale price was $120,448, or about $97 per square foot.

About the area

Willacy County, TX

Population	1,206
Median income	$23,307
Average income	$33,228
Median home value	$38,300
Median rent	$326/month
Owner-occupied	62% of homes
Median year built	1991

Natural hazard riskHurricanes (relatively high), extreme heat (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 78594; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 78594

Prefilled for 78594Can I win this house?Multiple-offer likelihood for a listing Prefilled for 78594Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Lyford 78569Buyer’s market $150 /sq ft Port Mansfield 78598 — /sq ft Raymondville 78580Buyer’s market $163 /sq ft Browse all markets →

Towns like Sebastian nearby

Find towns like Sebastian in other states →

La Villa, TX78562 · 8 miles away45% similarpricier homes ($64K more) · larger Edcouch, TX78538 · 9 miles away31% similarpricier homes ($54K more) · larger Elsa, TX78543 · 11 miles away30% similarpricier homes ($50K more) · larger Santa Rosa, TX78593 · 6 miles away26% similarhigher income ($25K more) · pricier homes ($47K more)

Where Sebastian is

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Questions about Sebastian real estate

How fast do homes sell in Sebastian?

The typical home went under contract in 53 days in the latest three months.

Do homes in Sebastian sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 103.0% of the list price.

What are property taxes in Sebastian?

About 1.68% of a home’s value a year in Willacy County, or roughly $6,720 on a $400,000 home.

What is the median home price in Sebastian?

The median sale price was $120,448 in the three months ending August 31, 2026, about $97 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology