Is 78064, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78064 is a neutral's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 78064 was a Seller's Market.

Key Takeaway

78064 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 78064, TX cost?

Median Sold Price

$265,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$20,500(+8.4%)

Key Takeaway

Homes in 78064 have sold for 8.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $89K-
N/A
2 $125K$150.5K
+20.4%
3 $236.5K$242.5K
+2.5%
4 $274.5K$355K
+29.3%
5+ -$338.9K
N/A

How many homes are available in 78064, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
5045-10.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 34
+33.3%
3 2725
-7.4%
4 1512
-20.0%
5+ 54
-20.0%

Number of Homes Sold

Sep 2022Oct 2022%
137-46.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78064, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
44 Days46 Days+5.9%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78064 has remained consistent over time.

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

About 78064, TX

Number of homes for sale in 78064, TX real estate market have reached 45. The number of homes for sale in 78064, TX decreased by 10% between September 2022 and October 2022. In October 2022, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $265,000. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 20.4%, prices of 3 bedrooms properties increased by 2.5%, prices of 4 bedrooms properties increased by 29.3%, 5 bedrooms properties prices increased by 0%. 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 went up by 33.3%, number of 3 bedrooms homes decreased by 7.4%, volume of 4 bedrooms homes went down by 20%, number of 5 bedrooms homes decreased by 20%. In October 2022 more than 2 listings in 78064, TX were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 3 were sold below.