Is 78154, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78154 is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, 78154 has remained a Seller's Market.

Key Takeaway

78154 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78154, TX cost?

Median Sold Price

$330,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$50,000(+17.9%)

Key Takeaway

Homes in 78154 have sold for 17.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$299.5K
N/A
2 $175K$220K
+25.7%
3 $257.2K$300K
+16.6%
4 $315.8K$370K
+17.2%
5+ $392.2K$450K
+14.7%

Median Sold Price Compared To Nearby Zip Codes

78148
+22.4%
78108
+18.4%
78109
+18.2%
78154
+17.9%
78233
+14.6%

How many homes are available in 78154, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
181154-14.9%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 53
-40.0%
3 8271
-13.4%
4 7865
-16.7%
5+ 1514
-6.7%

Number of Homes Sold

Sep 2022Oct 2022%
6034-43.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78154, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
24 Days37 Days+53.6%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78154 are selling fast, if you're buying plan to act quickly.

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

About 78154, TX

Number of homes for sale in 78154, TX real estate market have reached 154. In October 2022 in 78154, TX there were 14.9% less homes for sale than in September 2022. Listings spent 37 days on the market in October 2022, and had a median list price of $330,000 during the same period. Listing prices have changed in this real estate market between September 2022 and October 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 25.7%, the cost of 3 bedrooms properties went up by 16.6%, the cost of 4 bedrooms properties went up by 17.2%, the cost of 5 bedrooms properties went up by 14.7%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory decreased by 40%, number of 3 bedrooms homes decreased by 13.4%, the quantity of 4 bedrooms homes went down by 16.7%, volume of 5 bedrooms homes went down by 6.7%. Over 8 listings were sold over their listed price in October 2022 in 78154, TX. In the same period over 16 listings were sold below the listed price and 10 listings were sold for the listed price.