Is 78015, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78015 is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, 78015 has remained a Seller's Market.

Key Takeaway

78015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78015, TX cost?

Median Sold Price

$552,316

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$82,316(+17.5%)

Key Takeaway

Homes in 78015 have sold for 17.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $355K$425K
+19.7%
3 $404K$455K
+12.6%
4 $495.5K$600K
+21.1%
5+ $546K$655K
+20.0%

Median Sold Price Compared To Nearby Zip Codes

78163
+23.4%
78255
+21.8%
78015
+17.5%
78257
+16.8%
78006
+16.1%

How many homes are available in 78015, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
10393-9.7%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 11
0.0%
3 2528
+12.0%
4 6352
-17.5%
5+ 1412
-14.3%

Number of Homes Sold

Oct 2022Nov 2022%
2123+9.5%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78015, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
39 Days57 Days+45.2%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78015 has remained consistent over time.

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

About 78015, TX

Homes for sale in 78015, TX have reached 93. The inventory of homes for sale in 78015, TX between October 2022 and November 2022 decreased by 9.7%. In November 2022, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $552,316. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 19.7%, 3 bedrooms properties prices increased by 12.6%, prices of 4 bedrooms properties went up by 21.1%, 5 bedrooms properties became 20% more expensive. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes have not changed, number of 3 bedrooms homes increased by 12%, the quantity of 4 bedrooms homes went down by 17.5%, volume of 5 bedrooms homes went down by 14.3%. In November 2022 more than 4 listings in 78015, TX were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 15 were sold below.