Is 78006, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 78006 was a Seller's Market.
Housing Prices in 78006, TX
How much do homes in 78006, TX cost?
Median Sold Price
$599,999
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 78006 was $599,999 in February 2024, up 1.6% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $376K | $377.5K | 0.4% |
2 Bedrooms | $327.2K | $382.5K | +16.9% |
3 Bedrooms | $500.1K | $515K | +3.0% |
4 Bedrooms | $669K | $639.4K | -4.4% |
5+ Bedrooms | $850K | $872.4K | +2.6% |
Summary: 78006 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Zip Codes
78015 | $565K | $574.8K | +1.7% |
78006 | $590.6K | $599.9K | +1.6% |
Housing Supply in 78006, TX
How many homes are available in 78006, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
285 | 316 | +10.9% |
Summary: The 78006 real estate market had 316 homes for sale in February 2024, a 10.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 9 | 16 | +77.8% |
3 Bedrooms | 103 | 110 | +6.8% |
4 Bedrooms | 132 | 154 | +16.7% |
5+ Bedrooms | 37 | 33 | -10.8% |
Summary: The 78006 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 77.8%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 10.8%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
33 | 34 | +3.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in 78006 in February 2024, up by 3.0% month-over-month. Of the 34 sold homes, 74% were sold under asking, 9% were sold at asking, and 18% were sold over asking.
Days on Market for 78006, TX
How long does it take to sell a home in 78006, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
91 Days | 94 Days | +3.8% |
Summary: Homes in 78006 had an average of 94 days on market in Feb 2024, up by 3.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During February 2024, 34 homes were sold in 78006; 29% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.