Is 78252, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78252 is a neutral's market

Buyer's
Market

Difference Since March 2023

Since last year, 78252 has remained a Neutral Market.

Key Takeaway

78252 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 78252, TX

How much do homes in 78252, TX cost?

Median Sold Price

$265,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$4,550(+1.7%)

Key Takeaway

Homes in 78252 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 78252 was $265,000 in March 2024, up 1.7% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $250K$132.4K
-47.0%
2 $182K$190K
+4.4%
3 $249.5K$237.9K
-4.6%
4 $299.9K$298K
-0.7%
5+ $309.9K$328.9K
+6.1%

Summary: 78252 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47%, 2 bedroom homes increased by 4.4%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Zip Codes

78242
+3.0%
78252
+1.7%
78245
-1.7%
78227
-3.8%

Housing Supply in 78252, TX

How many homes are available in 78252, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
213224+5.2%

Summary: The 78252 real estate market had 224 homes for sale in March 2024, a 5.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 58
+60.0%
3 115114
-0.9%
4 8187
+7.4%
5+ 1215
+25.0%

Summary: The 78252 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3436+5.9%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78252, you may be able to get a good deal. 52.8% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 78252 in March 2024, up by 5.9% month-over-month. Of the 36 sold homes, 53% were sold under asking, 36% were sold at asking, and 11% were sold over asking.

Days on Market for 78252, TX

How long does it take to sell a home in 78252, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
67 Days67 Days-0.8%

Summary: Homes in 78252 had an average of 67 days on market in Mar 2024, down by 0.8% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78252 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 36 homes were sold in 78252; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.

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

Report Updated 26 Days Ago

Newest Listings in 78252, TX

Nearby Markets to 78252, TX