Is 78613, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78613 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 78613 has remained a Seller's Market.

Key Takeaway

78613 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78613, TX cost?

Median Sold Price

$485,852

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$140,657(+40.7%)

Key Takeaway

Homes in 78613 have sold for 40.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $249K$258.5K
+3.8%
2 $225K$334K
+48.4%
3 $294.7K$414.7K
+40.7%
4 $385K$559K
+45.2%
5+ $536.5K$710K
+32.3%

Median Sold Price Compared To Nearby Zip Codes

78681
+43.2%
78613
+40.7%
78717
+37.4%
78641
+37.1%
78726
+33.3%

How many homes are available in 78613, TX?

Number of Homes For Sale

Sep 2021Oct 2021%
316290-8.2%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 00
0.0%
2 87
-12.5%
3 140132
-5.7%
4 143121
-15.4%
5+ 2530
+20.0%

Number of Homes Sold

Sep 2021Oct 2021%
11596-16.5%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

63 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78613, you could pay more than the asking price. 65.6% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
14 Days14 Days0.2%

Breakdown of Home Sale Times

86 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78613 are selling fast, if you're buying plan to act quickly.

About 78613, TX

78613, TX has 290 homes on the market. In October 2021 in 78613, TX there were 8.2% less homes for sale than in September 2021. The median list price of listings available in October 2021 was $485,852, while the average time on the real estate market was 14 days. Real estate listing prices changed between September 2021 and October 2021: prices of 1 bedroom properties went up by 3.8%, 2 bedrooms properties became 48.4% more expensive, the cost of 3 bedrooms properties went up by 40.7%, the cost of 4 bedrooms properties went up by 45.2%, prices of 5 bedrooms properties went up by 32.3%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, volume of 2 bedrooms homes went down by 12.5%, 3 bedrooms homes became 5.7% less available, 4 bedrooms homes became 15.4% less available, 5 bedrooms homes inventory increased by 20%. In October 2021, from all listings sold in 78613, TX there were more than 63 sold above asking price, over 21 sold below and more than 12 were sold right at the asked price.