Is 78006, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 78006 was a Seller's Market.
Housing Prices in 78006, TX
How much do homes in 78006, TX cost?
Median Sold Price
$588,640
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78006 was $588,640 in April 2024, down 1.6% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $308.7K | $377.5K | +22.3% |
2 Bedrooms | $346.7K | $361.4K | +4.3% |
3 Bedrooms | $500K | $500K | 0.0% |
4 Bedrooms | $667K | $635.4K | -4.7% |
5+ Bedrooms | $850K | $865.1K | +1.8% |
Summary: 78006 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.3%, 2 bedroom homes increased by 4.3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Zip Codes
78015 | $560K | $580.4K | +3.7% |
78006 | $598.1K | $588.6K | -1.6% |
Housing Supply in 78006, TX
How many homes are available in 78006, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
380 | 410 | +7.9% |
Summary: The 78006 real estate market had 410 homes for sale in April 2024, a 7.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 24 | 25 | +4.2% |
3 Bedrooms | 114 | 127 | +11.4% |
4 Bedrooms | 190 | 199 | +4.7% |
5+ Bedrooms | 47 | 53 | +12.8% |
Summary: The 78006 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 12.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 53 | +17.8% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 53 homes were sold or pending in 78006 in April 2024, up by 17.8% month-over-month. Of the 53 sold homes, 72% were sold under asking, 17% were sold at asking, and 11% were sold over asking.
Days on Market for 78006, TX
How long does it take to sell a home in 78006, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 67 Days | -9.1% |
Summary: Homes in 78006 had an average of 67 days on market in Apr 2024, down by 9.1% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 53 homes were sold in 78006; 51% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.