Is 78232, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78232 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78232 has remained a Seller's Market.

Key Takeaway

78232 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78232, TX cost?

Median Sold Price

$328,285

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$38,285(+13.2%)

Key Takeaway

Homes in 78232 have sold for 13.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 -$116.5K
N/A
2 $179.9K$200K
+11.2%
3 $265K$305K
+15.1%
4 $315K$350K
+11.1%
5+ $349.9K$407.5K
+16.5%

Median Sold Price Compared To Nearby Zip Codes

78258
+20.9%
78259
+19.8%
78248
+17.1%
78232
+13.2%
78216
+5.1%

How many homes are available in 78232, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
168163-3.0%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 10
-100.0%
2 97
-22.2%
3 7978
-1.3%
4 6767
0.0%
5+ 1211
-8.3%

Number of Homes Sold

Sep 2021Oct 2021%
5355+3.8%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78232, you may be able to get a good deal. 43.6% of homes here sold below asking price last month.

Average Sale Time

Oct 2020Oct 2021%
51 Days37 Days-26.7%

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78232 are selling fast, if you're buying plan to act quickly.

About 78232, TX

Homes for sale in 78232, TX have reached 163. The number of listings in 78232, TX decreased by 3% between September 2021 and October 2021. Listings spent 37 days on the market in October 2021, and had a median list price of $328,285 during the same period. Between September 2021 and October 2021, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 11.2%, 3 bedrooms properties prices increased by 15.1%, prices of 4 bedrooms properties increased by 11.1%, prices of 5 bedrooms properties increased by 16.5%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went down by 100%, the quantity of 2 bedrooms homes went down by 22.2%, volume of 3 bedrooms homes went down by 1.3%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes became 8.3% less available. In October 2021 more than 20 listings in 78232, TX were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 24 were sold below.