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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78203 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 78203 was a Buyer's Market.

Key Takeaway

78203 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 78203, TX cost?

Median Sold Price

$163,000

$157/sqft

Based on all homes sold in November 2021.

Difference Since Last Month

-$60,000(-26.9%)

Key Takeaway

Homes in 78203 have sold for 26.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Nov 2021%
1 --
N/A
2 $97.5K$122K
+25.1%
3 $281K$270K
-3.9%
4 -$185K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

78205
+43.3%
78210
+20.1%
78203
-26.9%

How many homes are available in 78203, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
4456+27.3%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 1016
+60.0%
3 2631
+19.2%
4 89
+12.5%
5+ 00
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
69+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 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. 44.4% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Nov 2021%
33 Days43 Days+29.7%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was 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.

About 78203, TX

Homes for sale in 78203, TX have reached 56. Between October 2021 and November 2021, 78203, TX real estate market has seen increase in the number of listings by 27.3%. While the average time on the market in November 2021 was 43 days, the median list price was $163,000. From November 2020 through November 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 25.1%, 3 bedrooms properties became 3.9% more cheaper, prices of 4 bedrooms properties increased by 0%, 5 bedrooms properties became 0% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went up by 60%, number of 3 bedrooms homes increased by 19.2%, 4 bedrooms homes became 12.5% more available, volume of 5 bedrooms homes stayed the same. In November 2021 more than 3 listings in 78203, TX were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below.