Is 78109, 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, 78109 was a Seller's Market.
Housing Prices in 78109, TX
How much do homes in 78109, TX cost?
Median Sold Price
$266,608
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78109 was $266,608 in April 2024, down 3.1% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $181.2K | $189K | +4.3% |
3 Bedrooms | $258.2K | $250K | -3.2% |
4 Bedrooms | $297.3K | $295K | -0.8% |
5+ Bedrooms | $360K | $350K | -2.8% |
Summary: 78109 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 2.8%.
Housing Supply in 78109, TX
How many homes are available in 78109, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
384 | 421 | +9.6% |
Summary: The 78109 real estate market had 421 homes for sale in April 2024, a 9.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 198 | 220 | +11.1% |
4 Bedrooms | 157 | 170 | +8.3% |
5+ Bedrooms | 23 | 24 | +4.3% |
Summary: The 78109 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 62 | +6.9% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 62 homes were sold or pending in 78109 in April 2024, up by 6.9% month-over-month. Of the 62 sold homes, 40% were sold under asking, 39% were sold at asking, and 21% were sold over asking.
Days on Market for 78109, TX
How long does it take to sell a home in 78109, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 77 Days | +7.8% |
Summary: Homes in 78109 had an average of 77 days on market in Apr 2024, up by 7.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During April 2024, 62 homes were sold in 78109; 35% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.