Is 78221, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78221 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 78221 has remained a Seller's Market.

Key Takeaway

78221 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78221, TX cost?

Median Sold Price

$165,000

$122/sqft

Based on all homes sold in November 2021.

Difference Since Last Month

-$38,750(-19.0%)

Key Takeaway

Homes in 78221 have sold for 19% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Nov 2021%
1 --
N/A
2 $127.5K$149K
+16.9%
3 $199K$158.5K
-20.4%
4 $228.2K$207.5K
-9.1%
5+ $285K-
N/A

Median Sold Price Compared To Nearby Zip Codes

78221
-19.0%
78214
-23.5%

How many homes are available in 78221, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
6562-4.6%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 78
+14.3%
3 4035
-12.5%
4 1212
0.0%
5+ 67
+16.7%

Number of Homes Sold

Oct 2021Nov 2021%
2013-35.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78221, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Nov 2021%
43 Days29 Days-32.4%

Breakdown of Home Sale Times

8 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

Many homes in 78221 are selling fast, if you're buying plan to act quickly.

About 78221, TX

Homes for sale in 78221, TX have reached 62. The inventory of homes for sale in 78221, TX between October 2021 and November 2021 decreased by 4.6%. While the average time on the market in November 2021 was 29 days, the median list price was $165,000. This housing market listing prices have changed between November 2020 and November 2021: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 16.9%, prices of 3 bedrooms properties decreased by 20.4%, prices of 4 bedrooms properties went down by 9.1%, prices of 5 bedrooms properties increased by 0%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 14.3% more available, volume of 3 bedrooms homes went down by 12.5%, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes went up by 16.7%. 78221, TX housing market in November 2021 saw over 6 listings sold above listed price, more than 2 sold at listed price and over 5 sold below.