Is 78202, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78202 is a buyer's market

Buyer's
Market

Difference Since November 2020

At the same time last year, 78202 was a Neutral Market.

Key Takeaway

78202 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78202, TX cost?

Median Sold Price

$235,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$17,750(+8.2%)

Key Takeaway

Homes in 78202 have sold for 8.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $167K$255K
+52.7%
2 $200.8K$187.5K
-6.6%
3 $234.5K$244K
+4.1%
4 $420K$280.5K
-33.2%
5+ $260K$255K
-1.9%

How many homes are available in 78202, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
89106+19.1%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 25
+150.0%
2 2124
+14.3%
3 5263
+21.2%
4 1110
-9.1%
5+ 34
+33.3%

Number of Homes Sold

Oct 2021Nov 2021%
1813-27.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78202, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
105 Days60 Days-42.7%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78202 has remained consistent over time.

About 78202, TX

Number of homes for sale in 78202, TX real estate market have reached 106. Between October 2021 and November 2021, 78202, TX real estate market has seen increase in the number of listings by 19.1%. While the average time on the market in November 2021 was 60 days, the median list price was $235,000. This housing market listing prices have changed between October 2021 and November 2021: 1 bedroom properties prices increased by 52.7%, prices of 2 bedrooms properties decreased by 6.6%, 3 bedrooms properties became 4.1% more expensive, prices of 4 bedrooms properties went down by 33.2%, the cost of 5 bedrooms properties went down by 1.9%. Volume of homes for sale changed: 1 bedroom homes became 150% more available, number of 2 bedrooms homes increased by 14.3%, 3 bedrooms homes inventory increased by 21.2%, 4 bedrooms homes became 9.1% less available, volume of 5 bedrooms homes went up by 33.3%. 78202, TX housing market in November 2021 saw over 3 listings sold above listed price, more than 1 sold at listed price and over 9 sold below.