Is 78230, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$365,000
$180/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since February 2023.
Summary: The median home sold price in 78230 was $365,000 in February 2024, the same as last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $137K | $142.5K | +4.0% |
2 Bedrooms | $198.5K | $212.5K | +7.1% |
3 Bedrooms | $339.5K | $339.9K | 0.1% |
4 Bedrooms | $430K | $422.5K | -1.7% |
5+ Bedrooms | $515K | $550K | +6.8% |
Summary: 78230 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 6.8%.
Housing Supply in 78230, TX
How many homes are available in 78230, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
125 | 141 | +12.8% |
Summary: The 78230 real estate market had 141 homes for sale in February 2024, a 12.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 48 | 57 | +18.8% |
4 Bedrooms | 42 | 53 | +26.2% |
5+ Bedrooms | 19 | 14 | -26.3% |
Summary: The 78230 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 26.2%, and 5+ bedroom homes decreased by 26.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
27 | 21 | -22.2% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 78230 in February 2024, down by 22.2% month-over-month. Of the 21 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
71 Days | 69 Days | -3.2% |
Summary: Homes in 78230 had an average of 69 days on market in Feb 2024, down by 3.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During February 2024, 21 homes were sold in 78230; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.