Is 78230, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 78230 was a Seller's Market.
Housing Prices in 78230, TX
How much do homes in 78230, TX cost?
Median Sold Price
$359,250
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78230 was $359,250 in March 2024, down 3.5% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $137K | $138.8K | +1.3% |
2 Bedrooms | $215K | $202.5K | -5.8% |
3 Bedrooms | $346K | $334.2K | -3.4% |
4 Bedrooms | $430.6K | $422.5K | -1.9% |
5+ Bedrooms | $545K | $547.5K | 0.5% |
Summary: 78230 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in 78230, TX
How many homes are available in 78230, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
132 | 164 | +24.2% |
Summary: The 78230 real estate market had 164 homes for sale in March 2024, a 24.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 6 | -14.3% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 51 | 68 | +33.3% |
4 Bedrooms | 49 | 63 | +28.6% |
5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The 78230 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 78230 in March 2024, up by 9.5% month-over-month. Of the 23 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% were sold over asking.
Days on Market for 78230, TX
How long does it take to sell a home in 78230, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
65 Days | 43 Days | -33.5% |
Summary: Homes in 78230 had an average of 43 days on market in Mar 2024, down by 33.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 78230; 61% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.