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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78211 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 78211 was a Seller's Market.

Key Takeaway

78211 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78211, TX cost?

Median Sold Price

$166,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$20,750(+14.3%)

Key Takeaway

Homes in 78211 have sold for 14.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 -$65K
N/A
2 $117.5K$131.1K
+11.6%
3 $148K$185K
+25.0%
4 $175.5K$224.9K
+28.1%
5+ $186.9K$260K
+39.1%

Median Sold Price Compared To Nearby Zip Codes

78224
+19.0%
78226
+16.6%
78242
+16.3%
78211
+14.3%
78225
+8.3%

How many homes are available in 78211, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
5458+7.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 22
0.0%
2 107
-30.0%
3 2425
+4.2%
4 1723
+35.3%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
85-37.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78211, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
43 Days50 Days+16.7%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 78211, TX

78211, TX has 58 homes for sale to choose from. Between October 2022 and November 2022, 78211, TX real estate market has seen increase in the number of listings by 7.4%. While the average time on the market in November 2022 was 50 days, the median list price was $166,000. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 11.6%, 3 bedrooms properties became 25% more expensive, prices of 4 bedrooms properties increased by 28.1%, prices of 5 bedrooms properties increased by 39.1%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, volume of 2 bedrooms homes went down by 30%, volume of 3 bedrooms homes went up by 4.2%, volume of 4 bedrooms homes went up by 35.3%, 5 bedrooms homes inventory did not change. Over 1 listings were sold over their listed price in November 2022 in 78211, TX. In the same period over 2 listings were sold below the listed price and 2 listings were sold for the listed price.