Is 78207, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78207 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 78207 was a Seller's Market.

Key Takeaway

78207 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 78207, TX cost?

Median Sold Price

$135,000

$136/sqft

Based on all homes sold in November 2021.

Difference Since Last Month

-$29,000(-17.7%)

Key Takeaway

Homes in 78207 have sold for 17.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Nov 2021%
1 -$90K
N/A
2 $90K$63K
-30.0%
3 $195K$135K
-30.8%
4 $145K$210.3K
+45.1%
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

78225
+84.8%
78205
+43.3%
78207
-17.7%

How many homes are available in 78207, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
5866+13.8%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 22
0.0%
2 1823
+27.8%
3 3133
+6.5%
4 78
+14.3%
5+ 00
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
1311-15.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78207, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Nov 2021%
104 Days41 Days-60.4%

Breakdown of Home Sale Times

6 Homes Were 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

Many homes in 78207 are selling fast, if you're buying plan to act quickly.

About 78207, TX

78207, TX has 66 homes for sale to choose from. The number of homes for sale in 78207, TX increased by 13.8% between October 2021 and November 2021. The median list price of listings available in November 2021 was $135,000, while the average time on the real estate market was 41 days. Listing prices have changed in this real estate market between November 2020 and November 2021: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 30% more cheaper, prices of 3 bedrooms properties decreased by 30.8%, prices of 4 bedrooms properties went up by 45.1%, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went up by 27.8%, 3 bedrooms homes inventory increased by 6.5%, 4 bedrooms homes became 14.3% more available, 5 bedrooms homes inventory did not change. 78207, TX housing market in November 2021 saw over 2 listings sold above listed price, more than 4 sold at listed price and over 5 sold below.