Is 78130, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 78130 was a Seller's Market.
Housing Prices in 78130, TX
How much do homes in 78130, TX cost?
Median Sold Price
$340,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 78130 was $340,000 in February 2024, down 9.3% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | $334.2K | +13.3% |
2 Bedrooms | $396.7K | $333.2K | -16.0% |
3 Bedrooms | $349.8K | $314.4K | -10.1% |
4 Bedrooms | $395.2K | $361.5K | -8.5% |
5+ Bedrooms | $415K | $405K | -2.4% |
Summary: 78130 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes decreased by 16%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 2.4%.
Housing Supply in 78130, TX
How many homes are available in 78130, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
666 | 695 | +4.4% |
Summary: The 78130 real estate market had 695 homes for sale in February 2024, a 4.4% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 34 | 42 | +23.5% |
3 Bedrooms | 320 | 331 | +3.4% |
4 Bedrooms | 266 | 276 | +3.8% |
5+ Bedrooms | 42 | 41 | -2.4% |
Summary: The 78130 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 2.4%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
76 | 88 | +15.8% |
Asking Price vs. Sold Price
64 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 88 homes were sold or pending in 78130 in February 2024, up by 15.8% month-over-month. Of the 88 sold homes, 73% were sold under asking, 25% were sold at asking, and 2% were sold over asking.
Days on Market for 78130, TX
How long does it take to sell a home in 78130, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
80 Days | 106 Days | +33.1% |
Summary: Homes in 78130 had an average of 106 days on market in Feb 2024, up by 33.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
48 Homes Were Sold
Over 90 Days
Summary: During February 2024, 88 homes were sold in 78130; 18% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.