Is 78252, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78252 is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, 78252 was a Seller's Market.

Key Takeaway

78252 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 78252, TX

How much do homes in 78252, TX cost?

Median Sold Price

$269,908

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$5,085(-1.8%)

Key Takeaway

Homes in 78252 have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in 78252 was $269,908 in May 2024, down 1.8% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $191.2K-
N/A
2 $201K$190K
-5.5%
3 $255.5K$239.4K
-6.3%
4 $300K$299.9K
0%
5+ $326K$328K
+0.6%

Summary: 78252 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 5.5%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Zip Codes

78242
0.0%
78227
-1.7%
78252
-1.8%
78245
-3.1%

Housing Supply in 78252, TX

How many homes are available in 78252, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
209204-2.4%

Summary: The 78252 real estate market had 204 homes for sale in May 2024, a 2.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 114110
-3.5%
4 7776
-1.3%
5+ 1210
-16.7%

Summary: The 78252 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 increased by 33.3%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3532-8.6%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78252, you may be able to get a good deal. 40.6% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 78252 in May 2024, down by 8.6% month-over-month. Of the 32 sold homes, 41% were sold under asking, 34% were sold at asking, and 25% were sold over asking.

Days on Market for 78252, TX

How long does it take to sell a home in 78252, TX?

Average Sale Time

May 2023May 2024CHANGE
89 Days68 Days-23.3%

Summary: Homes in 78252 had an average of 68 days on market in May 2024, down by 23.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78252 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 32 homes were sold in 78252; 41% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

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