Is 78230, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 78230 has remained a Seller's Market.
Housing Prices in 78230, TX
How much do homes in 78230, TX cost?
Median Sold Price
$364,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78230 was $364,000 in April 2024, down 0.3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $137K | $136.8K | -0.1% |
2 Bedrooms | $210K | $197K | -6.2% |
3 Bedrooms | $340K | $338.9K | -0.3% |
4 Bedrooms | $417.5K | $425K | +1.8% |
5+ Bedrooms | $535K | $545K | +1.9% |
Summary: 78230 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.1%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 1.9%.
Housing Supply in 78230, TX
How many homes are available in 78230, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
154 | 174 | +13.0% |
Summary: The 78230 real estate market had 174 homes for sale in April 2024, a 13.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 62 | 67 | +8.1% |
4 Bedrooms | 60 | 72 | +20.0% |
5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The 78230 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 40 | +53.8% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in 78230 in April 2024, up by 53.8% month-over-month. Of the 40 sold homes, 78% were sold under asking, 5% were sold at asking, and 18% were sold over asking.
Days on Market for 78230, TX
How long does it take to sell a home in 78230, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 61 Days | -12.3% |
Summary: Homes in 78230 had an average of 61 days on market in Apr 2024, down by 12.3% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 40 homes were sold in 78230; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.