Is 78073, 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, 78073 has remained a Buyer's Market.
Housing Prices in 78073, TX
How much do homes in 78073, TX cost?
Median Sold Price
$287,950
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78073 was $287,950 in March 2024, up 4.4% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $173.5K | $170K | -2.0% |
3 Bedrooms | $272.5K | $271.9K | -0.2% |
4 Bedrooms | $307K | $314.9K | +2.6% |
5+ Bedrooms | $400K | $338.4K | -15.4% |
Summary: 78073 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 15.4%.
Housing Supply in 78073, TX
How many homes are available in 78073, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
53 | 40 | -24.5% |
Summary: The 78073 real estate market had 40 homes for sale in March 2024, a 24.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 29 | 21 | -27.6% |
4 Bedrooms | 10 | 5 | -50.0% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The 78073 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 27.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 3 | -81.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 78073 in March 2024, down by 81.3% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 78073, TX
How long does it take to sell a home in 78073, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
85 Days | 109 Days | +27.4% |
Summary: Homes in 78073 had an average of 109 days on market in Mar 2024, up by 27.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 78073; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.