Is 78208, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78208 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 78208 was a Seller's Market.

Key Takeaway

78208 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78208, TX cost?

Median Sold Price

$316,500

$229/sqft

Based on all homes sold in November 2021.

Difference Since Last Month

-$43,641(-12.1%)

Key Takeaway

Homes in 78208 have sold for 12.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Nov 2021%
1 --
N/A
2 $418.1K-
N/A
3 $285.9K$316.5K
+10.7%
4 --
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

78219
+35.2%
78208
-12.1%

How many homes are available in 78208, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
1715-11.8%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 01
+100.0%
2 53
-40.0%
3 1110
-9.1%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78208, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Nov 2021%
115 Days72 Days-37.5%

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in 78208 has remained consistent over time.

About 78208, TX

Homes for sale in 78208, TX have reached 15. The inventory of homes for sale in 78208, TX between October 2021 and November 2021 decreased by 11.8%. While the average time on the market in November 2021 was 72 days, the median list price was $316,500. Between November 2020 and November 2021, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties prices increased by 10.7%, prices of 4 bedrooms properties increased by 0%, prices of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory increased by 100%, 2 bedrooms homes became 40% less available, 3 bedrooms homes became 9.1% less available, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes inventory did not change. While more than 0 listings in 78208, TX in November 2021 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below.