Is 78253, 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, 78253 was a Seller's Market.
Housing Prices in 78253, TX
How much do homes in 78253, TX cost?
Median Sold Price
$339,191
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78253 was $339,191 in April 2024, down 7.6% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $144K | $315K | +118.8% |
2 Bedrooms | $327.5K | $335K | +2.3% |
3 Bedrooms | $310K | $295.9K | -4.5% |
4 Bedrooms | $400K | $370K | -7.5% |
5+ Bedrooms | $425K | $402.5K | -5.3% |
Summary: 78253 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 118.8%, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 5.3%.
Housing Supply in 78253, TX
How many homes are available in 78253, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
537 | 582 | +8.4% |
Summary: The 78253 real estate market had 582 homes for sale in April 2024, a 8.4% 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 | 25 | 27 | +8.0% |
3 Bedrooms | 200 | 197 | -1.5% |
4 Bedrooms | 243 | 286 | +17.7% |
5+ Bedrooms | 69 | 72 | +4.3% |
Summary: The 78253 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 8%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
104 | 79 | -24.0% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 79 homes were sold or pending in 78253 in April 2024, down by 24.0% month-over-month. Of the 79 sold homes, 47% were sold under asking, 43% were sold at asking, and 10% were sold over asking.
Days on Market for 78253, TX
How long does it take to sell a home in 78253, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
83 Days | 76 Days | -8.5% |
Summary: Homes in 78253 had an average of 76 days on market in Apr 2024, down by 8.5% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Summary: During April 2024, 79 homes were sold in 78253; 30% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.