Is 78124, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78124 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 78124 was a Seller's Market.

Key Takeaway

78124 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78124, TX cost?

Median Sold Price

$371,803

$162/sqft

Based on all homes sold in October 2021.

Difference Since Last Month

-$33,197(-8.2%)

Key Takeaway

Homes in 78124 have sold for 8.2% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Oct 2021%
1 --
N/A
2 --
N/A
3 $400K$617.5K
+54.4%
4 $416.9K$360.2K
-13.6%
5+ $405K-
N/A

Median Sold Price Compared To Nearby Zip Codes

78152
-2.4%
78124
-8.2%

How many homes are available in 78124, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
2923-20.7%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 22
0.0%
3 1410
-28.6%
4 109
-10.0%
5+ 32
-33.3%

Number of Homes Sold

Sep 2021Oct 2021%
93-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78124, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Average Sale Time

Sep 2021Oct 2021%
40 Days45 Days+11.7%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 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 78124 has remained consistent over time.

About 78124, TX

78124, TX has 23 homes on the market. The number of listings in 78124, TX decreased by 20.7% between September 2021 and October 2021. In October 2021, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $371,803. From October 2020 through October 2021, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, 3 bedrooms properties prices increased by 54.4%, 4 bedrooms properties became 13.6% more cheaper, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory decreased by 28.6%, 4 bedrooms homes inventory decreased by 10%, the quantity of 5 bedrooms homes went down by 33.3%. While more than 0 listings in 78124, TX in October 2021 were sold above asking price, there were more than 2 listings sold at asking price, and more than 1 were sold below.