Is 78633, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78633 is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, 78633 has remained a Seller's Market.

Key Takeaway

78633 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 78633, TX cost?

Median Sold Price

$490,661

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$82,004(+20.1%)

Key Takeaway

Homes in 78633 have sold for 20.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $235K$890K
+278.7%
2 $352.5K$421.5K
+19.6%
3 $420.6K$501.8K
+19.3%
4 $595K$687.5K
+15.5%
5+ $738.4K$685K
-7.2%

Median Sold Price Compared To Nearby Zip Codes

78642
+25.7%
78628
+21.6%
76537
+20.8%
78633
+20.1%
76527
+4.5%

How many homes are available in 78633, TX?

Number of Homes For Sale

Sep 2022Oct 2022%
307318+3.6%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 100112
+12.0%
3 9996
-3.0%
4 8792
+5.7%
5+ 2118
-14.3%

Number of Homes Sold

Sep 2022Oct 2022%
4863+31.3%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78633, you may be able to get a good deal. 68.3% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
10 Days41 Days+280.0%

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78633 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 78633, TX

Number of homes for sale in 78633, TX real estate market have reached 318. The inventory of homes for sale in 78633, TX between September 2022 and October 2022 increased by 3.6%. In October 2022 median list price was $490,661 and the average listing age was 41 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 went up by 278.7%, 2 bedrooms properties became 19.6% more expensive, prices of 3 bedrooms properties went up by 19.3%, prices of 4 bedrooms properties went up by 15.5%, 5 bedrooms properties prices decreased by 7.2%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory increased by 12%, 3 bedrooms homes inventory decreased by 3%, 4 bedrooms homes became 5.7% more available, the quantity of 5 bedrooms homes went down by 14.3%. 78633, TX housing market in October 2022 saw over 11 listings sold above listed price, more than 9 sold at listed price and over 43 sold below.