Is 78059, 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, 78059 was a Neutral Market.
Housing Prices in 78059, TX
How much do homes in 78059, TX cost?
Median Sold Price
$452,500
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78059 was $452,500 in March 2024, up 14% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $50K | N/A |
2 Bedrooms | $140K | $205K | +46.4% |
3 Bedrooms | $363.2K | $480K | +32.1% |
4 Bedrooms | $464.5K | $465K | 0.1% |
5+ Bedrooms | $404.5K | $310K | -23.4% |
Summary: 78059 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 46.4%, 3 bedroom homes increased by 32.1%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 23.4%.
Median Sold Price Compared To Nearby Zip Codes
78059 | $397K | $452.5K | +14.0% |
78016 | $271.4K | $251K | -7.5% |
78052 | $420K | $376.4K | -10.4% |
Housing Supply in 78059, TX
How many homes are available in 78059, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 26 | +23.8% |
Summary: The 78059 real estate market had 26 homes for sale in March 2024, a 23.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 78059 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 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 78059 in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 78059, TX
How long does it take to sell a home in 78059, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
181 Days | 14 Days | -92.3% |
Summary: Homes in 78059 had an average of 14 days on market in Mar 2024, down by 92.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in 78059; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.