Is 78613, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 78613 has remained a Seller's Market.
Housing Prices in 78613, TX
How much do homes in 78613, TX cost?
Median Sold Price
$489,166
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78613 was $489,166 in March 2024, down 10.6% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $465K | - | N/A |
2 Bedrooms | $380.7K | $304.9K | -19.9% |
3 Bedrooms | $451.3K | $400K | -11.4% |
4 Bedrooms | $621.7K | $580K | -6.7% |
5+ Bedrooms | $917.2K | $800K | -12.8% |
Summary: 78613 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.9%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 12.8%.
Housing Supply in 78613, TX
How many homes are available in 78613, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
184 | 258 | +40.2% |
Summary: The 78613 real estate market had 258 homes for sale in March 2024, a 40.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 88 | 128 | +45.5% |
4 Bedrooms | 72 | 98 | +36.1% |
5+ Bedrooms | 21 | 27 | +28.6% |
Summary: The 78613 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 66.7%, 3 bedroom homes increased by 45.5%, 4 bedroom homes increased by 36.1%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 50 | +25.0% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in 78613 in March 2024, up by 25.0% month-over-month. Of the 50 sold homes, 54% were sold under asking, 24% were sold at asking, and 22% were sold over asking.
Days on Market for 78613, TX
How long does it take to sell a home in 78613, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 48 Days | -12.2% |
Summary: Homes in 78613 had an average of 48 days on market in Mar 2024, down by 12.2% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 50 homes were sold in 78613; 54% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.