Is 78015, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78015 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 78015 was a Neutral Market.

Key Takeaway

78015 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 78015, TX

How much do homes in 78015, TX cost?

Median Sold Price

$610,000

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,066(+8.9%)

Key Takeaway

Homes in 78015 have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in 78015 was $610,000 in November 2024, up 8.9% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$265K
N/A
3 $447.3K$445K
-0.5%
4 $599.9K$625K
+4.2%
5+ $610K$697K
+14.3%

Summary: 78015 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Zip Codes

78015
+8.9%
78257
+1.3%
78163
-1.0%
78255
-2.4%
78006
-5.9%

Housing Supply in 78015, TX

How many homes are available in 78015, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
157152-3.2%

Summary: The 78015 real estate market had 152 homes for sale in November 2024, a 3.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 00
0.0%
3 4038
-5.0%
4 10198
-3.0%
5+ 1515
0.0%

Summary: The 78015 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
189-50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78015, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 78015 in November 2024, down by 50.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.

Days on Market for 78015, TX

How long does it take to sell a home in 78015, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
103 Days63 Days-38.6%

Summary: Homes in 78015 had an average of 63 days on market in Nov 2024, down by 38.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78015 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in 78015; 44% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 44% 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 26 Days Ago

Newest Listings in 78015, TX

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