Is 78063, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 78063 has remained a Buyer's Market.
Housing Prices in 78063, TX
How much do homes in 78063, TX cost?
Median Sold Price
$380,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78063 was $380,000 in March 2024, down 3.7% 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 | $220K | $160K | -27.3% |
2 Bedrooms | $290K | $310K | +6.9% |
3 Bedrooms | $415K | $430K | +3.6% |
4 Bedrooms | $572.4K | $350K | -38.9% |
5+ Bedrooms | $724.5K | $415K | -42.7% |
Summary: 78063 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.3%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 38.9%, and 5+ bedroom homes decreased by 42.7%.
Housing Supply in 78063, TX
How many homes are available in 78063, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
73 | 80 | +9.6% |
Summary: The 78063 real estate market had 80 homes for sale in March 2024, a 9.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 20 | 22 | +10.0% |
3 Bedrooms | 35 | 36 | +2.9% |
4 Bedrooms | 11 | 14 | +27.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 78063 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 78063 in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 78063, TX
How long does it take to sell a home in 78063, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 159 Days | +280.2% |
Summary: Homes in 78063 had an average of 159 days on market in Mar 2024, up by 280.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 78063; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.