Is 78212, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78212 is a neutral's market

Buyer's
Market

Difference Since November 2020

At the same time last year, 78212 was a Seller's Market.

Key Takeaway

78212 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 78212, TX cost?

Median Sold Price

$349,315

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$63,815(+22.4%)

Key Takeaway

Homes in 78212 have sold for 22.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $137K$116.5K
-15.0%
2 $202.5K$300K
+48.1%
3 $335K$360K
+7.5%
4 $558.7K$617.5K
+10.5%
5+ $390K$632.5K
+62.2%

How many homes are available in 78212, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
140149+6.4%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 33
0.0%
2 4039
-2.5%
3 5564
+16.4%
4 3737
0.0%
5+ 56
+20.0%

Number of Homes Sold

Oct 2021Nov 2021%
1523+53.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78212, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
62 Days47 Days-23.7%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

13 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 78212 has remained consistent over time.

About 78212, TX

78212, TX has 149 homes for sale to choose from. The number of listings in 78212, TX increased by 6.4% between October 2021 and November 2021. In November 2021, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $349,315. Between October 2021 and November 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties decreased by 15%, 2 bedrooms properties prices increased by 48.1%, 3 bedrooms properties became 7.5% more expensive, 4 bedrooms properties prices increased by 10.5%, the cost of 5 bedrooms properties went up by 62.2%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes decreased by 2.5%, the quantity of 3 bedrooms homes went up by 16.4%, 4 bedrooms homes inventory did not change, volume of 5 bedrooms homes went up by 20%. In November 2021 more than 5 listings in 78212, TX were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 12 were sold below.