Is 78073, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78073 is a buyer's market

Buyer's
Market

Difference Since October 2021

Since last year, 78073 has remained a Buyer's Market.

Key Takeaway

78073 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78073, TX cost?

Median Sold Price

$260,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$18,100(+7.5%)

Key Takeaway

Homes in 78073 have sold for 7.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$270K
N/A
2 $435K$155K
-64.4%
3 $219.9K$253.1K
+15.1%
4 $242.4K$290.1K
+19.7%
5+ $263.9K$349.9K
+32.6%

Median Sold Price Compared To Nearby Zip Codes

78224
+27.0%
78073
+7.5%

How many homes are available in 78073, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
1619+18.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 33
0.0%
3 79
+28.6%
4 34
+33.3%
5+ 33
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78073, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Oct 2021Oct 2022%
31 Days23 Days-24.2%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78073 are selling fast, if you're buying plan to act quickly.

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

About 78073, TX

78073, TX has 19 homes for sale to choose from. Between September 2022 and October 2022, 78073, TX real estate market has seen increase in the number of listings by 18.8%. In October 2022 median list price was $260,000 and the average listing age was 23 days. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices decreased by 64.4%, prices of 3 bedrooms properties went up by 15.1%, prices of 4 bedrooms properties increased by 19.7%, prices of 5 bedrooms properties increased by 32.6%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory did not change, 3 bedrooms homes became 28.6% more available, 4 bedrooms homes inventory increased by 33.3%, number of 5 bedrooms homes remained the same. In October 2022, from all listings sold in 78073, TX there were more than 1 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price.