Is 78233, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 78233 has remained a Seller's Market.
Housing Prices in 78233, TX
How much do homes in 78233, TX cost?
Median Sold Price
$256,437
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78233 was $256,437 in March 2024, down 2.7% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $210K | $150K | -28.6% |
3 Bedrooms | $250K | $249.5K | -0.2% |
4 Bedrooms | $279.7K | $280K | 0.1% |
5+ Bedrooms | $330K | $327.4K | -0.8% |
Summary: 78233 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 0.8%.
Housing Supply in 78233, TX
How many homes are available in 78233, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
206 | 209 | +1.5% |
Summary: The 78233 real estate market had 209 homes for sale in March 2024, a 1.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 119 | 123 | +3.4% |
4 Bedrooms | 74 | 70 | -5.4% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 78233 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 37 | -14.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in 78233 in March 2024, down by 14.0% month-over-month. Of the 37 sold homes, 51% were sold under asking, 14% were sold at asking, and 35% were sold over asking.
Days on Market for 78233, TX
How long does it take to sell a home in 78233, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 77 Days | +53.3% |
Summary: Homes in 78233 had an average of 77 days on market in Mar 2024, up by 53.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During March 2024, 37 homes were sold in 78233; 35% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.