Is 78063, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78063 is a neutral's market

Buyer's
Market

Difference Since November 2020

Since last year, 78063 has remained a Neutral Market.

Key Takeaway

78063 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 78063, TX cost?

Median Sold Price

$345,000

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$53,000(+18.2%)

Key Takeaway

Homes in 78063 have sold for 18.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $100K$156.5K
+56.5%
2 $225K$285.7K
+27.0%
3 $307.5K$345K
+12.2%
4 $422.6K$595K
+40.8%
5+ $572.2K$563.3K
-1.6%

Median Sold Price Compared To Nearby Zip Codes

78063
+18.2%
78023
+14.6%
78006
+9.7%

How many homes are available in 78063, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
48480.0%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 34
+33.3%
2 109
-10.0%
3 2525
0.0%
4 87
-12.5%
5+ 23
+50.0%

Number of Homes Sold

Oct 2021Nov 2021%
98-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78063, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
32 Days36 Days+14.2%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78063 are selling fast, if you're buying plan to act quickly.

About 78063, TX

There are 48 homes are for sale in 78063, TX real estate market. In November 2021 median list price was $345,000 and the average listing age was 36 days. Listing prices have changed in this real estate market between October 2021 and November 2021: prices of 1 bedroom properties went up by 56.5%, prices of 2 bedrooms properties went up by 27%, prices of 3 bedrooms properties increased by 12.2%, 4 bedrooms properties prices increased by 40.8%, 5 bedrooms properties became 1.6% more cheaper. This housing market inventory have changed: 1 bedroom homes inventory increased by 33.3%, volume of 2 bedrooms homes went down by 10%, 3 bedrooms homes did not move, number of 4 bedrooms homes decreased by 12.5%, the quantity of 5 bedrooms homes went up by 50%. While more than 2 listings in 78063, TX in November 2021 were sold above asking price, there were more than 1 listings sold at asking price, and more than 5 were sold below.