Is 78133, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78133 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 78133 was a Seller's Market.

Key Takeaway

78133 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 78133, TX

How much do homes in 78133, TX cost?

Median Sold Price

$411,500

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$39,684(-8.8%)

Key Takeaway

Homes in 78133 have sold for 8.8% less than they did a year ago.

Summary: The median home sold price in 78133 was $411,500 in April 2024, down 8.8% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $293K$205K
-30.0%
2 $282.7K$307K
+8.6%
3 $439K$399.5K
-9.0%
4 $695K$687.5K
-1.1%
5+ $896K$700K
-21.9%

Summary: 78133 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30%, 2 bedroom homes increased by 8.6%, 3 bedroom homes decreased by 9%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 21.9%.

Median Sold Price Compared To Nearby Zip Codes

78666
-2.1%
78070
-4.3%
78133
-8.8%
78132
-8.9%

Housing Supply in 78133, TX

How many homes are available in 78133, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
416457+9.9%

Summary: The 78133 real estate market had 457 homes for sale in April 2024, a 9.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1313
0.0%
2 4249
+16.7%
3 266293
+10.2%
4 7072
+2.9%
5+ 2530
+20.0%

Summary: The 78133 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3344+33.3%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78133, you may be able to get a good deal. 61.4% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in 78133 in April 2024, up by 33.3% month-over-month. Of the 44 sold homes, 61% were sold under asking, 18% were sold at asking, and 20% were sold over asking.

Days on Market for 78133, TX

How long does it take to sell a home in 78133, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
83 Days103 Days+24.4%

Summary: Homes in 78133 had an average of 103 days on market in Apr 2024, up by 24.4% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

20 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 78133 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 44 homes were sold in 78133; 32% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.

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

Report Updated 6 Days Ago

Newest Listings in 78133, TX

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