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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78613 is a neutral's market

Buyer's
Market

Difference Since October 2021

At the same time last year, 78613 was a Seller's Market.

Key Takeaway

78613 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 78613, TX cost?

Median Sold Price

$568,355

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$80,070(+16.4%)

Key Takeaway

Homes in 78613 have sold for 16.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $258.5K$575K
+122.4%
2 $334K$387.8K
+16.1%
3 $414.7K$470.2K
+13.4%
4 $559.2K$652K
+16.6%
5+ $712.5K$947K
+32.9%

Median Sold Price Compared To Nearby Zip Codes

78726
+23.8%
78641
+19.6%
78717
+19.1%
78613
+16.4%
78681
+12.6%

How many homes are available in 78613, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
355334-5.9%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 12
+100.0%
2 64
-33.3%
3 164155
-5.5%
4 152142
-6.6%
5+ 3231
-3.1%

Number of Homes Sold

Sep 2022Oct 2022%
8351-38.6%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78613, you may be able to get a good deal. 68.6% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
15 Days38 Days+148.2%

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

3 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.

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

About 78613, TX

There are 334 homes are for sale in 78613, TX real estate market. In October 2022 in 78613, TX there were 5.9% less homes for sale than in September 2022. The median list price of listings available in October 2022 was $568,355, while the average time on the real estate market was 38 days. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 122.4%, the cost of 2 bedrooms properties went up by 16.1%, the cost of 3 bedrooms properties went up by 13.4%, prices of 4 bedrooms properties increased by 16.6%, 5 bedrooms properties prices increased by 32.9%. Volume of homes for sale changed: 1 bedroom homes inventory increased by 100%, number of 2 bedrooms homes decreased by 33.3%, the quantity of 3 bedrooms homes went down by 5.5%, the quantity of 4 bedrooms homes went down by 6.6%, 5 bedrooms homes inventory decreased by 3.1%. 78613, TX housing market in October 2022 saw over 7 listings sold above listed price, more than 9 sold at listed price and over 35 sold below.