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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78132 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78132 has remained a Seller's Market.

Key Takeaway

78132 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78132, TX cost?

Median Sold Price

$523,380

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$85,794(+19.6%)

Key Takeaway

Homes in 78132 have sold for 19.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $495K$350K
-29.3%
2 $188K$285K
+51.6%
3 $385.5K$430.6K
+11.7%
4 $482.6K$546K
+13.1%
5+ $471K$759K
+61.1%

Median Sold Price Compared To Nearby Zip Codes

78133
+23.5%
78132
+19.6%
78130
+17.1%
78108
+10.7%

How many homes are available in 78132, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
276251-9.1%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 23
+50.0%
3 9681
-15.6%
4 132124
-6.1%
5+ 4643
-6.5%

Number of Homes Sold

Sep 2021Oct 2021%
6964-7.2%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

17 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. 54.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
82 Days42 Days-48.1%

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78132 are selling fast, if you're buying plan to act quickly.

About 78132, TX

There are 251 homes are for sale in 78132, TX real estate market. The number of homes for sale in 78132, TX decreased by 9.1% between September 2021 and October 2021. In October 2021, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $523,380. Between September 2021 and October 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went down by 29.3%, prices of 2 bedrooms properties increased by 51.6%, prices of 3 bedrooms properties increased by 11.7%, prices of 4 bedrooms properties went up by 13.1%, the cost of 5 bedrooms properties went up by 61.1%. Volume of homes for sale changed: 1 bedroom homes did not move, number of 2 bedrooms homes increased by 50%, 3 bedrooms homes became 15.6% less available, 4 bedrooms homes became 6.1% less available, volume of 5 bedrooms homes went down by 6.5%. In October 2021, from all listings sold in 78132, TX there were more than 17 sold above asking price, over 35 sold below and more than 12 were sold right at the asked price.