Is 78227, TX a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing 78227 is a buyer's market


Difference Since October 2021

At the same time last year, 78227 was a Seller's Market.

Key Takeaway

78227 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78227, TX cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since October 2021


Key Takeaway

Homes in 78227 have sold for 14.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $42.5K-
2 $137K$120K
3 $162.7K$189K
4 $180.5K$223.5K
5+ $227K$242.4K

Median Sold Price Compared To Nearby Zip Codes


How many homes are available in 78227, TX?

Number of Homes For Sale

Sep 2022Oct 2022%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
2 44
3 6253
4 1924
5+ 22

Number of Homes Sold

Sep 2022Oct 2022%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78227, you could pay more than the asking price. 40% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
43 Days38 Days-10.3%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78227 are selling fast, if you're buying plan to act quickly.

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

About 78227, TX

There are 84 homes are for sale in 78227, TX real estate market. The number of homes for sale in 78227, TX decreased by 4.5% between September 2022 and October 2022. Listings spent 38 days on the market in October 2022, and had a median list price of $192,995 during the same period. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went down by 12.4%, the cost of 3 bedrooms properties went up by 16.1%, 4 bedrooms properties prices increased by 23.8%, prices of 5 bedrooms properties increased by 6.8%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes went down by 14.5%, the quantity of 4 bedrooms homes went up by 26.3%, 5 bedrooms homes inventory did not change. Over 4 listings were sold over their listed price in October 2022 in 78227, TX. In the same period over 3 listings were sold below the listed price and 3 listings were sold for the listed price.