Is 78203, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78203 is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 78203 was a Seller's Market.

Key Takeaway

78203 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78203, TX cost?

Median Sold Price

$268,250

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$35,750(+15.4%)

Key Takeaway

Homes in 78203 have sold for 15.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $100K$95K
-5.0%
2 $132.5K$157.2K
+18.6%
3 $239K$275K
+15.1%
4 $270K$315.8K
+17.0%
5+ $294K-
N/A

Median Sold Price Compared To Nearby Zip Codes

78203
+15.4%
78210
+11.1%
78202
+4.6%
78205
+1.7%

How many homes are available in 78203, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
3955+41.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 610
+66.7%
3 2331
+34.8%
4 811
+37.5%
5+ 12
+100.0%

Number of Homes Sold

Sep 2022Oct 2022%
93-66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78203, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
33 Days50 Days+47.8%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78203 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 78203, TX

78203, TX has 55 homes for sale to choose from. In October 2022 in 78203, TX there were 41% more homes for sale than in September 2022. Listings spent 50 days on the market in October 2022, and had a median list price of $268,250 during the same period. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 5% more cheaper, prices of 2 bedrooms properties went up by 18.6%, prices of 3 bedrooms properties increased by 15.1%, the cost of 4 bedrooms properties went up by 17%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went up by 66.7%, 3 bedrooms homes became 34.8% more available, the quantity of 4 bedrooms homes went up by 37.5%, 5 bedrooms homes became 100% more available. While more than 0 listings in 78203, TX in October 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below.