Is 78212, 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, 78212 was a Seller's Market.
Housing Prices in 78212, TX
How much do homes in 78212, TX cost?
Median Sold Price
$411,812
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78212 was $411,812 in April 2024, up 16.7% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $194K | $186.5K | -3.9% |
2 Bedrooms | $265K | $287K | +8.3% |
3 Bedrooms | $375K | $380K | +1.3% |
4 Bedrooms | $622.9K | $623.9K | 0.1% |
5+ Bedrooms | $397.4K | $1.1M | +180.1% |
Summary: 78212 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 180.1%.
Housing Supply in 78212, TX
How many homes are available in 78212, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
154 | 170 | +10.4% |
Summary: The 78212 real estate market had 170 homes for sale in April 2024, a 10.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 26 | 31 | +19.2% |
3 Bedrooms | 80 | 92 | +15.0% |
4 Bedrooms | 36 | 38 | +5.6% |
5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The 78212 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 19.2%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 21 | -12.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 78212 in April 2024, down by 12.5% month-over-month. Of the 21 sold homes, 52% were sold under asking, 29% were sold at asking, and 19% were sold over asking.
Days on Market for 78212, TX
How long does it take to sell a home in 78212, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 135 Days | +145.3% |
Summary: Homes in 78212 had an average of 135 days on market in Apr 2024, up by 145.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in 78212; 29% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 52% of homes were sold over 90 days.