Is 78202, 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, 78202 was a Seller's Market.
Housing Prices in 78202, TX
How much do homes in 78202, TX cost?
Median Sold Price
$269,450
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78202 was $269,450 in March 2024, up 7.8% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $181K | $330K | +82.3% |
2 Bedrooms | $185K | $157.5K | -14.9% |
3 Bedrooms | $298.1K | $277K | -7.1% |
4 Bedrooms | $297.9K | $294.9K | -1.0% |
5+ Bedrooms | $230K | $200K | -13.0% |
Summary: 78202 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 82.3%, 2 bedroom homes decreased by 14.9%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 13%.
Housing Supply in 78202, TX
How many homes are available in 78202, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
141 | 178 | +26.2% |
Summary: The 78202 real estate market had 178 homes for sale in March 2024, a 26.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 36 | 39 | +8.3% |
3 Bedrooms | 94 | 120 | +27.7% |
4 Bedrooms | 5 | 12 | +140.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 78202 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 27.7%, 4 bedroom homes increased by 140%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 78202 in March 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 78202, TX
How long does it take to sell a home in 78202, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 98 Days | +38.5% |
Summary: Homes in 78202 had an average of 98 days on market in Mar 2024, up by 38.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 78202; 25% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.