Is 78232, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, 78232 was a Seller's Market.
Housing Prices in 78232, TX
How much do homes in 78232, TX cost?
Median Sold Price
$395,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in 78232 was $395,000 in June 2024, up 2.7% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $157.5K | - | N/A |
2 Bedrooms | $243.5K | $245K | +0.6% |
3 Bedrooms | $365K | $375K | +2.7% |
4 Bedrooms | $406K | $435K | +7.1% |
5+ Bedrooms | $534.5K | $629K | +17.7% |
Summary: 78232 housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 17.7%.
Housing Supply in 78232, TX
How many homes are available in 78232, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
172 | 206 | +19.8% |
Summary: The 78232 real estate market had 206 homes for sale in June 2024, a 19.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 16 | +23.1% |
3 Bedrooms | 89 | 111 | +24.7% |
4 Bedrooms | 62 | 71 | +14.5% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 78232 housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 24.7%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
29 | 20 | -31.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 78232 in June 2024, down by 31.0% month-over-month. Of the 20 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for 78232, TX
How long does it take to sell a home in 78232, TX?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
42 Days | 41 Days | -2.9% |
Summary: Homes in 78232 had an average of 41 days on market in Jun 2024, down by 2.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 20 homes were sold in 78232; 45% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.