Is 78015, 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, 78015 was a Seller's Market.
Housing Prices in 78015, TX
How much do homes in 78015, TX cost?
Median Sold Price
$579,950
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78015 was $579,950 in March 2024, up 2.6% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $425K | $265K | -37.6% |
3 Bedrooms | $450K | $458.6K | +1.9% |
4 Bedrooms | $605K | $620K | +2.5% |
5+ Bedrooms | $690K | $624.9K | -9.4% |
Summary: 78015 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 decreased by 37.6%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 9.4%.
Housing Supply in 78015, TX
How many homes are available in 78015, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
148 | 155 | +4.7% |
Summary: The 78015 real estate market had 155 homes for sale in March 2024, a 4.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 33 | 41 | +24.2% |
4 Bedrooms | 93 | 90 | -3.2% |
5+ Bedrooms | 21 | 24 | +14.3% |
Summary: The 78015 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 decreased by 100%, 3 bedroom homes increased by 24.2%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 20 | -37.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 78015 in March 2024, down by 37.5% month-over-month. Of the 20 sold homes, 75% were sold under asking, 15% were sold at asking, and 10% were sold over asking.
Days on Market for 78015, TX
How long does it take to sell a home in 78015, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
85 Days | 100 Days | +18.1% |
Summary: Homes in 78015 had an average of 100 days on market in Mar 2024, up by 18.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 78015; 20% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.