Is 78003, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 78003 was a Seller's Market.
Housing Prices in 78003, TX
How much do homes in 78003, TX cost?
Median Sold Price
$406,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78003 was $406,000 in March 2024, up 1.8% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $259.5K | $161.5K | -37.8% |
2 Bedrooms | $245K | $260K | +6.1% |
3 Bedrooms | $430K | $410K | -4.7% |
4 Bedrooms | $523.7K | $462K | -11.8% |
5+ Bedrooms | - | $780K | N/A |
Summary: 78003 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.8%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
78003 | $399K | $406K | +1.8% |
78063 | $394.4K | $380K | -3.7% |
Housing Supply in 78003, TX
How many homes are available in 78003, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
79 | 81 | +2.5% |
Summary: The 78003 real estate market had 81 homes for sale in March 2024, a 2.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 10 | +11.1% |
2 Bedrooms | 12 | 14 | +16.7% |
3 Bedrooms | 38 | 37 | -2.6% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 78003 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 78003 in March 2024, down by 12.5% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for 78003, TX
How long does it take to sell a home in 78003, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
103 Days | 41 Days | -59.8% |
Summary: Homes in 78003 had an average of 41 days on market in Mar 2024, down by 59.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in 78003; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.