Is 78201, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 78201 was a Seller's Market.
Housing Prices in 78201, TX
How much do homes in 78201, TX cost?
Median Sold Price
$235,000
$173/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Summary: The median home sold price in 78201 was $235,000 in March 2024, the same as last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $84K | $81.5K | -3.0% |
2 Bedrooms | $190.7K | $204.5K | +7.2% |
3 Bedrooms | $265K | $255K | -3.8% |
4 Bedrooms | $303.5K | $314.9K | +3.8% |
5+ Bedrooms | $580K | $297.4K | -48.7% |
Summary: 78201 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes increased by 7.2%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 48.7%.
Housing Supply in 78201, TX
How many homes are available in 78201, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
151 | 189 | +25.2% |
Summary: The 78201 real estate market had 189 homes for sale in March 2024, a 25.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 12 | +50.0% |
2 Bedrooms | 32 | 38 | +18.8% |
3 Bedrooms | 85 | 103 | +21.2% |
4 Bedrooms | 22 | 27 | +22.7% |
5+ Bedrooms | 4 | 9 | +125.0% |
Summary: The 78201 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 125%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 22 | +57.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 78201 in March 2024, up by 57.1% month-over-month. Of the 22 sold homes, 64% were sold under asking, 23% were sold at asking, and 14% were sold over asking.
Days on Market for 78201, TX
How long does it take to sell a home in 78201, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 74 Days | +46.6% |
Summary: Homes in 78201 had an average of 74 days on market in Mar 2024, up by 46.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in 78201; 23% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.