Is 78633, 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, 78633 has remained a Seller's Market.
Housing Prices in 78633, TX
How much do homes in 78633, TX cost?
Median Sold Price
$443,322
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 78633 was $443,322 in March 2024, down 10.4% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $422.6K | $392K | -7.3% |
3 Bedrooms | $500K | $448.5K | -10.3% |
4 Bedrooms | $660K | $619.5K | -6.1% |
5+ Bedrooms | $720.3K | $818.2K | +13.6% |
Summary: 78633 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 7.3%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 13.6%.
Housing Supply in 78633, TX
How many homes are available in 78633, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
317 | 339 | +6.9% |
Summary: The 78633 real estate market had 339 homes for sale in March 2024, a 6.9% 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 | 133 | 142 | +6.8% |
3 Bedrooms | 101 | 111 | +9.9% |
4 Bedrooms | 73 | 74 | +1.4% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 78633 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 6.8%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
72 | 64 | -11.1% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in 78633 in March 2024, down by 11.1% month-over-month. Of the 64 sold homes, 73% were sold under asking, 14% were sold at asking, and 13% were sold over asking.
Days on Market for 78633, TX
How long does it take to sell a home in 78633, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
70 Days | 72 Days | +3.2% |
Summary: Homes in 78633 had an average of 72 days on market in Mar 2024, up by 3.2% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During March 2024, 64 homes were sold in 78633; 36% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.