Is Universal City, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Universal City is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Universal City, TX

How much do homes in Universal City, TX cost?

Median Sold Price

$290,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$9,000(-3.0%)

Key Takeaway

Homes in Universal City have sold for 3% less than they did a year ago.

Summary: The median home sold price in Universal City was $290,000 in March 2024, down 3% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $232K$175K
-24.6%
3 $270K$267.2K
-1.0%
4 $327.5K$328K
0.2%
5+ $390K$417.5K
+7.1%

Summary: Universal City 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 24.6%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 7.1%.

Median Sold Price Compared To Nearby Cities

Schertz
0.3%
Selma
0.0%
Live Oak
-0.7%
Universal City
-3.0%
San Antonio Northeast
-3.5%

Housing Supply in Universal City, TX

How many homes are available in Universal City, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7890+15.4%

Summary: The Universal City real estate market had 90 homes for sale in March 2024, a 15.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 11
0.0%
3 4752
+10.6%
4 2328
+21.7%
5+ 68
+33.3%

Summary: The Universal City 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 remained the same, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
819+137.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Universal City, expect to pay close to the asking price. 63.2% of homes here sold near the asking price last month.

Summary: A total of 19 homes were sold or pending in Universal City in March 2024, up by 137.5% month-over-month. Of the 19 sold homes, 26% were sold under asking, 63% were sold at asking, and 11% were sold over asking.

Days on Market for Universal City, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
52 Days67 Days+27.1%

Summary: Homes in Universal City had an average of 67 days on market in Mar 2024, up by 27.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 19 homes were sold in Universal City; 37% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 26% 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 22 Days Ago

Newest Listings in Universal City, TX

Nearby Markets to Universal City, TX

What housing markets are near Universal City, TX?