Is 78061, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78061 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 78061 was a Buyer's Market.

Key Takeaway

78061 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78061, TX cost?

Median Sold Price

$176,850

$97/sqft

Based on all homes sold in October 2021.

Difference Since Last Month

+$56,850(+47.4%)

Key Takeaway

Homes in 78061 have sold for 47.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Oct 2021%
1 --
N/A
2 $120K-
N/A
3 -$68.7K
N/A
4 -$285K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

78061
+47.4%
78057
+42.5%

How many homes are available in 78061, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
910+11.1%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 11
0.0%
3 56
+20.0%
4 33
0.0%
5+ 00
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78061, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Oct 2021%
34 Days88 Days+160.3%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78061 are selling fast, if you're buying plan to act quickly.

About 78061, TX

78061, TX has 10 homes for sale to choose from. The inventory of homes for sale in 78061, TX between September 2021 and October 2021 increased by 11.1%. While the average time on the market in October 2021 was 88 days, the median list price was $176,850. Between October 2020 and October 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 0%, 3 bedrooms properties prices increased by 0%, 4 bedrooms properties prices increased by 0%, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes inventory increased by 20%, number of 4 bedrooms homes remained the same, the quantity of 5 bedrooms homes have not changed. While more than 1 listings in 78061, TX in October 2021 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.