Is 78239, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 78239 has remained a Seller's Market.
Housing Prices in 78239, TX
How much do homes in 78239, TX cost?
Median Sold Price
$242,500
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78239 was $242,500 in April 2024, down 2.5% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | - | N/A |
2 Bedrooms | $174K | $177.5K | +2.0% |
3 Bedrooms | $235K | $235.2K | 0.1% |
4 Bedrooms | $276K | $275K | -0.4% |
5+ Bedrooms | $327.5K | $292K | -10.8% |
Summary: 78239 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 10.8%.
Housing Supply in 78239, TX
How many homes are available in 78239, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
129 | 145 | +12.4% |
Summary: The 78239 real estate market had 145 homes for sale in April 2024, a 12.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 82 | 91 | +11.0% |
4 Bedrooms | 40 | 44 | +10.0% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The 78239 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 26 | +8.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 78239 in April 2024, up by 8.3% month-over-month. Of the 26 sold homes, 50% were sold under asking, 23% were sold at asking, and 27% were sold over asking.
Days on Market for 78239, TX
How long does it take to sell a home in 78239, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 58 Days | +20.9% |
Summary: Homes in 78239 had an average of 58 days on market in Apr 2024, up by 20.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in 78239; 35% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.