Is 78130, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78130 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78130 has remained a Seller's Market.

Key Takeaway

78130 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78130, TX cost?

Median Sold Price

$299,411

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$43,811(+17.1%)

Key Takeaway

Homes in 78130 have sold for 17.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $700K$360.4K
-48.5%
2 $250K$280K
+12.0%
3 $248.1K$278.8K
+12.4%
4 $266.5K$316.6K
+18.8%
5+ $292.1K$363.4K
+24.4%

Median Sold Price Compared To Nearby Zip Codes

78132
+19.6%
78130
+17.1%
78155
+4.6%

How many homes are available in 78130, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
399358-10.3%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 22
0.0%
2 3439
+14.7%
3 209179
-14.4%
4 127115
-9.4%
5+ 2723
-14.8%

Number of Homes Sold

Sep 2021Oct 2021%
14379-44.8%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

31 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78130, you could pay more than the asking price. 39.2% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
62 Days28 Days-54.3%

Breakdown of Home Sale Times

49 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78130 are selling fast, if you're buying plan to act quickly.

About 78130, TX

There are 358 homes are for sale in 78130, TX real estate market. Between September 2021 and October 2021, 78130, TX real estate market has seen decrease in the number of listings by 10.3%. In October 2021, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $299,411. Between September 2021 and October 2021, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went down by 48.5%, prices of 2 bedrooms properties went up by 12%, prices of 3 bedrooms properties increased by 12.4%, the cost of 4 bedrooms properties went up by 18.8%, 5 bedrooms properties became 24.4% more expensive. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes increased by 14.7%, number of 3 bedrooms homes decreased by 14.4%, volume of 4 bedrooms homes went down by 9.4%, 5 bedrooms homes inventory decreased by 14.8%. While more than 31 listings in 78130, TX in October 2021 were sold above asking price, there were more than 20 listings sold at asking price, and more than 28 were sold below.