Is 78013, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78013 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 78013 was a Neutral Market.

Key Takeaway

78013 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 78013, TX

How much do homes in 78013, TX cost?

Median Sold Price

$404,950

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$185,050(-31.4%)

Key Takeaway

Homes in 78013 have sold for 31.4% less than they did a year ago.

Summary: The median home sold price in 78013 was $404,950 in March 2024, down 31.4% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $398.1K$415K
+4.2%
3 $739K$299.9K
-59.4%
4 $465K$705K
+51.6%
5+ $600K$404.9K
-32.5%

Summary: 78013 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 59.4%, 4 bedroom homes increased by 51.6%, and 5+ bedroom homes decreased by 32.5%.

Median Sold Price Compared To Nearby Zip Codes

78006
0.5%
78028
-7.3%
78013
-31.4%

Housing Supply in 78013, TX

How many homes are available in 78013, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3033+10.0%

Summary: The 78013 real estate market had 33 homes for sale in March 2024, a 10.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 33
0.0%
3 1518
+20.0%
4 1010
0.0%
5+ 11
0.0%

Summary: The 78013 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78013, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 78013 in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 78013, TX

How long does it take to sell a home in 78013, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
181 Days88 Days-51.0%

Summary: Homes in 78013 had an average of 88 days on market in Mar 2024, down by 51% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78013 has remained consistent over time.

Summary: During March 2024, 3 homes were sold in 78013; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 78013, TX

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