Is 78733, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78733 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 78733 was a Seller's Market.

Key Takeaway

78733 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 78733, TX

How much do homes in 78733, TX cost?

Median Sold Price

$1,230,100

$441/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$69,900(-5.4%)

Key Takeaway

Homes in 78733 have sold for 5.4% less than they did a year ago.

Summary: The median home sold price in 78733 was $1,230,100 in March 2024, down 5.4% from last year, and the median price per square foot was $441.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$495K
N/A
2 $645.7K$516K
-20.1%
3 $900K$817K
-9.2%
4 $1.5M$1.3M
-10.1%
5+ $2.1M$1.8M
-12.1%

Summary: 78733 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 20.1%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes decreased by 12.1%.

Median Sold Price Compared To Nearby Zip Codes

78730
+1.5%
78732
-2.8%
78733
-5.4%
78735
-5.5%
78746
-7.9%

Housing Supply in 78733, TX

How many homes are available in 78733, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3955+41.0%

Summary: The 78733 real estate market had 55 homes for sale in March 2024, a 41.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 512
+140.0%
4 1618
+12.5%
5+ 1420
+42.9%

Summary: The 78733 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 25%, 3 bedroom homes increased by 140%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
660.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78733, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 78733 in March 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for 78733, TX

How long does it take to sell a home in 78733, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
85 Days35 Days-58.9%

Summary: Homes in 78733 had an average of 35 days on market in Mar 2024, down by 58.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78733 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in 78733; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 24 Days Ago

Newest Listings in 78733, TX

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