Is 78069, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78069 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 78069 has remained a Buyer's Market.

Key Takeaway

78069 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 78069, TX

How much do homes in 78069, TX cost?

Median Sold Price

$339,000

$168/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$50,000(+17.3%)

Key Takeaway

Homes in 78069 have sold for 17.3% more than they did a month ago.

Summary: The median home sold price in 78069 was $339,000 in May 2024, up 17.3% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $289K-
N/A
3 --
N/A
4 --
N/A
5+ -$339K
N/A

Summary: 78069 housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 78069, TX

How many homes are available in 78069, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1114+27.3%

Summary: The 78069 real estate market had 14 homes for sale in May 2024, a 27.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 35
+66.7%
4 35
+66.7%
5+ 12
+100.0%

Summary: The 78069 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78069, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 78069 in May 2024, the same as the previous 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 78069, TX

How long does it take to sell a home in 78069, TX?

Average Sale Time

Apr 2024May 2024CHANGE
44 Days98 Days+122.7%

Summary: Homes in 78069 had an average of 98 days on market in May 2024, up by 122.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Most homes in 78069 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 1 homes were sold in 78069; 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.

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

Report Updated 2 Days Ago

Newest Listings in 78069, TX

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