Is 78132, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78132 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 78132 was a Seller's Market.

Key Takeaway

78132 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78132, TX cost?

Median Sold Price

$650,250

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$125,250(+23.9%)

Key Takeaway

Homes in 78132 have sold for 23.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $350K$651K
+86.0%
2 $285K$410K
+43.9%
3 $435K$555.5K
+27.7%
4 $549.2K$678.8K
+23.6%
5+ $760K$732.8K
-3.6%

Median Sold Price Compared To Nearby Zip Codes

78132
+23.9%
78130
+23.4%
78266
+21.5%
78133
+20.0%
78108
+18.4%

How many homes are available in 78132, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
361369+2.2%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 23
+50.0%
2 910
+11.1%
3 124126
+1.6%
4 191194
+1.6%
5+ 3536
+2.9%

Number of Homes Sold

Sep 2022Oct 2022%
6946-33.3%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78132, you may be able to get a good deal. 67.4% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
42 Days43 Days+3.4%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78132 has remained consistent over time.

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

About 78132, TX

78132, TX has 369 homes on the market. The inventory of homes for sale in 78132, TX between September 2022 and October 2022 increased by 2.2%. Listings spent 43 days on the market in October 2022, and had a median list price of $650,250 during the same period. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 86%, the cost of 2 bedrooms properties went up by 43.9%, 3 bedrooms properties became 27.7% more expensive, 4 bedrooms properties prices increased by 23.6%, 5 bedrooms properties became 3.6% more cheaper. This housing market inventory have changed: 1 bedroom homes became 50% more available, 2 bedrooms homes inventory increased by 11.1%, 3 bedrooms homes became 1.6% more available, 4 bedrooms homes inventory increased by 1.6%, 5 bedrooms homes inventory increased by 2.9%. In October 2022 more than 6 listings in 78132, TX were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 31 were sold below.