Is 78013, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78013 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 78013 has remained a Buyer's Market.

Key Takeaway

78013 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 78013, TX

How much do homes in 78013, TX cost?

Median Sold Price

$515,000

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$60,000(+13.2%)

Key Takeaway

Homes in 78013 have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in 78013 was $515,000 in October 2024, up 13.2% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $645K$700K
+8.5%
3 $557.5K$405K
-27.4%
4 $550K$895K
+62.7%
5+ $362.4K$1.1M
+224.9%

Summary: 78013 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.5%, 3 bedroom homes decreased by 27.4%, 4 bedroom homes increased by 62.7%, and 5+ bedroom homes increased by 224.9%.

Median Sold Price Compared To Nearby Zip Codes

78013
+13.2%
78028
-4.5%
78006
-8.7%

Housing Supply in 78013, TX

How many homes are available in 78013, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4145+9.8%

Summary: The 78013 real estate market had 45 homes for sale in October 2024, a 9.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 44
0.0%
3 1920
+5.3%
4 1112
+9.1%
5+ 45
+25.0%

Summary: The 78013 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78013, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 78013 in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 78013, TX

How long does it take to sell a home in 78013, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
56 Days44 Days-22.1%

Summary: Homes in 78013 had an average of 44 days on market in Oct 2024, down by 22.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78013 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 78013; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in 78013, TX

Nearby Markets to 78013, TX