Is 78009, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 78009 was a Seller's Market.
Housing Prices in 78009, TX
How much do homes in 78009, TX cost?
Median Sold Price
$440,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 78009 was $440,000 in May 2024, down 22.1% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $175K | N/A |
2 Bedrooms | $243.5K | $225K | -7.6% |
3 Bedrooms | $430K | $357.5K | -16.9% |
4 Bedrooms | $712.4K | $594.9K | -16.5% |
5+ Bedrooms | $715K | $739.9K | +3.5% |
Summary: 78009 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.6%, 3 bedroom homes decreased by 16.9%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes increased by 3.5%.
Housing Supply in 78009, TX
How many homes are available in 78009, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
65 | 65 | 0.0% |
Summary: The 78009 real estate market had 65 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 26 | 26 | 0.0% |
4 Bedrooms | 32 | 31 | -3.1% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 78009 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 6 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 78009 in May 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 78009, TX
How long does it take to sell a home in 78009, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
83 Days | 44 Days | -47.0% |
Summary: Homes in 78009 had an average of 44 days on market in May 2024, down by 47% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in 78009; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.