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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78233 is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, 78233 has remained a Seller's Market.

Key Takeaway

78233 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78233, TX cost?

Median Sold Price

$224,806

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$31,056(+16.0%)

Key Takeaway

Homes in 78233 have sold for 16% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $84.9K$86.1K
+1.4%
2 $150K$167.5K
+11.7%
3 $185K$210K
+13.5%
4 $209.5K$245K
+16.9%
5+ $234.5K$286.5K
+22.2%

Median Sold Price Compared To Nearby Zip Codes

78239
+20.2%
78233
+16.0%
78148
+14.5%
78247
+12.9%
78217
+5.4%

How many homes are available in 78233, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
165145-12.1%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 11
0.0%
2 813
+62.5%
3 9283
-9.8%
4 5946
-22.0%
5+ 52
-60.0%

Number of Homes Sold

Oct 2021Nov 2021%
5945-23.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78233, you could pay more than the asking price. 48.9% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
40 Days33 Days-18.0%

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

15 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.

About 78233, TX

78233, TX has 145 homes for sale to choose from. The number of homes for sale in 78233, TX decreased by 12.1% between October 2021 and November 2021. While the average time on the market in November 2021 was 33 days, the median list price was $224,806. This housing market listing prices have changed between October 2021 and November 2021: prices of 1 bedroom properties went up by 1.4%, 2 bedrooms properties prices increased by 11.7%, the cost of 3 bedrooms properties went up by 13.5%, prices of 4 bedrooms properties went up by 16.9%, 5 bedrooms properties became 22.2% more expensive. Volume of homes for sale changed: 1 bedroom homes did not move, number of 2 bedrooms homes increased by 62.5%, volume of 3 bedrooms homes went down by 9.8%, number of 4 bedrooms homes decreased by 22%, 5 bedrooms homes inventory decreased by 60%. In November 2021 more than 22 listings in 78233, TX were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 17 were sold below.