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 October 2023

At the same time last year, 78015 was a Seller's 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

$600,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,000(+6.2%)

Key Takeaway

Homes in 78015 have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in 78015 was $600,000 in October 2024, up 6.2% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$265K
N/A
3 $445K$445K
0.0%
4 $610K$621.5K
+1.9%
5+ $616.3K$676.3K
+9.7%

Summary: 78015 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 did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 9.7%.

Median Sold Price Compared To Nearby Zip Codes

78015
+6.2%
78257
+1.3%
78163
0.0%
78255
-2.5%
78006
-8.7%

Housing Supply in 78015, TX

How many homes are available in 78015, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
170169-0.6%

Summary: The 78015 real estate market had 169 homes for sale in October 2024, a 0.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 4747
0.0%
4 99104
+5.1%
5+ 2317
-26.1%

Summary: The 78015 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 26.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3217-46.9%

Asking Price vs. Sold Price

17 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 78015, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 78015 in October 2024, down by 46.9% month-over-month. Of the 17 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
70 Days74 Days+4.9%

Summary: Homes in 78015 had an average of 74 days on market in Oct 2024, up by 4.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78015 has remained consistent over time.

Summary: During October 2024, 17 homes were sold in 78015; 18% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 29% 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 78015, TX

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