Is 78132, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 78132 was a Seller's Market.
Housing Prices in 78132, TX
How much do homes in 78132, TX cost?
Median Sold Price
$575,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78132 was $575,000 in March 2024, down 9.6% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $488K | - | N/A |
2 Bedrooms | $410K | $555K | +35.4% |
3 Bedrooms | $567.4K | $495.4K | -12.7% |
4 Bedrooms | $669.9K | $630K | -6.0% |
5+ Bedrooms | $700K | $972K | +38.9% |
Summary: 78132 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 increased by 35.4%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 38.9%.
Housing Supply in 78132, TX
How many homes are available in 78132, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
380 | 437 | +15.0% |
Summary: The 78132 real estate market had 437 homes for sale in March 2024, a 15.0% increase 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 | 8 | 10 | +25.0% |
3 Bedrooms | 122 | 135 | +10.7% |
4 Bedrooms | 204 | 242 | +18.6% |
5+ Bedrooms | 46 | 50 | +8.7% |
Summary: The 78132 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 increased by 25%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 8.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 53 | +47.2% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 53 homes were sold or pending in 78132 in March 2024, up by 47.2% month-over-month. Of the 53 sold homes, 70% were sold under asking, 25% were sold at asking, and 6% were sold over asking.
Days on Market for 78132, TX
How long does it take to sell a home in 78132, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
95 Days | 107 Days | +12.7% |
Summary: Homes in 78132 had an average of 107 days on market in Mar 2024, up by 12.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Summary: During March 2024, 53 homes were sold in 78132; 15% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 49% of homes were sold over 90 days.