Is 78211, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78211 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 78211 was a Seller's Market.

Key Takeaway

78211 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 78211, TX cost?

Median Sold Price

$170,000

$152/sqft

Based on all homes sold in November 2021.

Difference Since Last Month

-$3,500(-2.0%)

Key Takeaway

Homes in 78211 have sold for 2% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Nov 2021%
1 --
N/A
2 $62.5K-
N/A
3 $140K$143K
+2.1%
4 $215.5K$210K
-2.6%
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

78225
+84.8%
78226
+59.6%
78242
+6.1%
78211
-2.0%

How many homes are available in 78211, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
4844-8.3%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 99
0.0%
3 3028
-6.7%
4 74
-42.9%
5+ 23
+50.0%

Number of Homes Sold

Oct 2021Nov 2021%
147-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78211, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Average Sale Time

Oct 2021Nov 2021%
51 Days44 Days-13.1%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78211 has remained consistent over time.

About 78211, TX

78211, TX has 44 homes on the market. The number of homes for sale in 78211, TX decreased by 8.3% between October 2021 and November 2021. In November 2021, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $170,000. Real estate listing prices changed between November 2020 and November 2021: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, the cost of 3 bedrooms properties went up by 2.1%, 4 bedrooms properties became 2.6% more cheaper, 5 bedrooms properties prices increased by 0%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes went down by 6.7%, 4 bedrooms homes became 42.9% less available, 5 bedrooms homes became 50% more available. Over 2 listings were sold over their listed price in November 2021 in 78211, TX. In the same period over 2 listings were sold below the listed price and 3 listings were sold for the listed price.