Is 78204, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78204 is a buyer's market

Buyer's
Market

Difference Since October 2020

At the same time last year, 78204 was a Seller's Market.

Key Takeaway

78204 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78204, TX cost?

Median Sold Price

$263,000

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$24,000(+10.0%)

Key Takeaway

Homes in 78204 have sold for 10% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $229.5K$251.2K
+9.5%
2 $222K$240K
+8.1%
3 $264K$325K
+23.1%
4 $465K$562K
+20.9%
5+ $79K$390K
+393.7%

Median Sold Price Compared To Nearby Zip Codes

78204
+10.0%
78210
+9.6%

How many homes are available in 78204, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
4851+6.3%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 67
+16.7%
2 1216
+33.3%
3 2624
-7.7%
4 44
0.0%
5+ 00
0.0%

Number of Homes Sold

Sep 2021Oct 2021%
86-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78204, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
75 Days73 Days-2.8%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78204 has remained consistent over time.

About 78204, TX

78204, TX has 51 homes for sale to choose from. Between September 2021 and October 2021, 78204, TX real estate market has seen increase in the number of listings by 6.3%. In October 2021, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $263,000. Real estate listing prices changed between September 2021 and October 2021: 1 bedroom properties prices increased by 9.5%, prices of 2 bedrooms properties went up by 8.1%, 3 bedrooms properties became 23.1% more expensive, prices of 4 bedrooms properties went up by 20.9%, the cost of 5 bedrooms properties went up by 393.7%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went up by 16.7%, the quantity of 2 bedrooms homes went up by 33.3%, volume of 3 bedrooms homes went down by 7.7%, volume of 4 bedrooms homes stayed the same, number of 5 bedrooms homes remained the same. Over 0 listings were sold over their listed price in October 2021 in 78204, TX. In the same period over 3 listings were sold below the listed price and 3 listings were sold for the listed price.