Is 78233, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78233 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 78233 was a Seller's Market.

Key Takeaway

78233 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78233, TX cost?

Median Sold Price

$254,999

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$29,999(+13.3%)

Key Takeaway

Homes in 78233 have sold for 13.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $86.1K$106K
+23.1%
2 $167.5K$210K
+25.4%
3 $210K$245.3K
+16.8%
4 $245K$275K
+12.2%
5+ $286.5K$325K
+13.4%

Median Sold Price Compared To Nearby Zip Codes

78148
+20.2%
78247
+17.5%
78217
+16.0%
78233
+13.3%
78239
+13.1%

How many homes are available in 78233, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
158145-8.2%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 66
0.0%
3 9187
-4.4%
4 5448
-11.1%
5+ 74
-42.9%

Number of Homes Sold

Oct 2022Nov 2022%
4918-63.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78233, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
39 Days60 Days+53.9%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78233 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 78233, TX

78233, TX has 145 homes for sale to choose from. The number of listings in 78233, TX decreased by 8.2% between October 2022 and November 2022. While the average time on the market in November 2022 was 60 days, the median list price was $254,999. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties increased by 23.1%, prices of 2 bedrooms properties increased by 25.4%, prices of 3 bedrooms properties went up by 16.8%, 4 bedrooms properties prices increased by 12.2%, 5 bedrooms properties prices increased by 13.4%. This housing market inventory have changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes remained the same, number of 3 bedrooms homes decreased by 4.4%, 4 bedrooms homes became 11.1% less available, the quantity of 5 bedrooms homes went down by 42.9%. Over 3 listings were sold over their listed price in November 2022 in 78233, TX. In the same period over 11 listings were sold below the listed price and 4 listings were sold for the listed price.