Is 78152, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78152 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 78152 was a Neutral Market.

Key Takeaway

78152 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 78152, TX

How much do homes in 78152, TX cost?

Median Sold Price

$277,400

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$22,600(-7.5%)

Key Takeaway

Homes in 78152 have sold for 7.5% less than they did a year ago.

Summary: The median home sold price in 78152 was $277,400 in April 2024, down 7.5% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $240K$150K
-37.5%
3 $289.4K$267.5K
-7.6%
4 $367.9K$292.5K
-20.5%
5+ $400K$327.6K
-18.1%

Summary: 78152 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes decreased by 18.1%.

Median Sold Price Compared To Nearby Zip Codes

78124
+24.1%
78121
+1.0%
78154
0.5%
78109
-3.1%
78152
-7.5%

Housing Supply in 78152, TX

How many homes are available in 78152, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4043+7.5%

Summary: The 78152 real estate market had 43 homes for sale in April 2024, a 7.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1522
+46.7%
4 2420
-16.7%
5+ 11
0.0%

Summary: The 78152 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 remained the same, 3 bedroom homes increased by 46.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78152, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 78152 in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for 78152, TX

How long does it take to sell a home in 78152, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
56 Days148 Days+163.0%

Summary: Homes in 78152 had an average of 148 days on market in Apr 2024, up by 163% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 78152 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 6 homes were sold in 78152; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% 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 13 Days Ago

Newest Listings in 78152, TX

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