Is 78223, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78223 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 78223 has remained a Seller's Market.

Key Takeaway

78223 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78223, TX cost?

Median Sold Price

$190,000

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$12,000(+6.7%)

Key Takeaway

Homes in 78223 have sold for 6.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 $98K$115K
+17.3%
3 $168K$187K
+11.3%
4 $217K$235K
+8.3%
5+ $219.9K$281.5K
+28.0%

How many homes are available in 78223, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
146138-5.5%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 1623
+43.8%
3 10489
-14.4%
4 2524
-4.0%
5+ 12
+100.0%

Number of Homes Sold

Oct 2021Nov 2021%
4036-10.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78223, you may be able to get a good deal. 36.1% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
42 Days34 Days-19.8%

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78223 are selling fast, if you're buying plan to act quickly.

About 78223, TX

There are 138 homes are for sale in 78223, TX real estate market. Between October 2021 and November 2021, 78223, TX real estate market has seen decrease in the number of listings by 5.5%. While the average time on the market in November 2021 was 34 days, the median list price was $190,000. This housing market listing prices have changed between October 2021 and November 2021: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 17.3%, the cost of 3 bedrooms properties went up by 11.3%, 4 bedrooms properties became 8.3% more expensive, prices of 5 bedrooms properties went up by 28%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 43.8%, 3 bedrooms homes inventory decreased by 14.4%, volume of 4 bedrooms homes went down by 4%, the quantity of 5 bedrooms homes went up by 100%. 78223, TX housing market in November 2021 saw over 12 listings sold above listed price, more than 11 sold at listed price and over 13 sold below.