Is 78025, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78025 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 78025 has remained a Buyer's Market.

Key Takeaway

78025 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 78025, TX

How much do homes in 78025, TX cost?

Median Sold Price

$525,000

$210/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$167,500(-24.2%)

Key Takeaway

Homes in 78025 have sold for 24.2% less than they did a month ago.

Summary: The median home sold price in 78025 was $525,000 in October 2024, down 24.2% from last month, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $520K-
N/A
3 $865K$525K
-39.3%
4 --
N/A
5+ --
N/A

Summary: 78025 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 39.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 78025, TX

How many homes are available in 78025, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2019-5.0%

Summary: The 78025 real estate market had 19 homes for sale in October 2024, a 5.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 98
-11.1%
4 45
+25.0%
5+ 22
0.0%

Summary: The 78025 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 decreased by 25%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 78025, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 78025 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 78025, TX

How long does it take to sell a home in 78025, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
166 Days93 Days-44.1%

Summary: Homes in 78025 had an average of 93 days on market in Oct 2024, down by 44.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 78025 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in 78025; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 78025, TX

Nearby Markets to 78025, TX