Is 78052, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78052 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 78052 was a Buyer's Market.

Key Takeaway

78052 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 78052, TX

How much do homes in 78052, TX cost?

Median Sold Price

$346,850

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,350(+2.5%)

Key Takeaway

Homes in 78052 have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in 78052 was $346,850 in October 2024, up 2.5% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $158K$230K
+45.6%
3 $288.4K$331K
+14.8%
4 $440K$405K
-8.0%
5+ $560K$650K
+16.1%

Summary: 78052 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 45.6%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 16.1%.

Median Sold Price Compared To Nearby Zip Codes

78065
+7.8%
78052
+2.5%
78059
-11.3%

Housing Supply in 78052, TX

How many homes are available in 78052, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3537+5.7%

Summary: The 78052 real estate market had 37 homes for sale in October 2024, a 5.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1821
+16.7%
4 1413
-7.1%
5+ 12
+100.0%

Summary: The 78052 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 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78052, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in 78052 in October 2024, up by 200.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 56% were sold at asking, and 11% were sold over asking.

Days on Market for 78052, TX

How long does it take to sell a home in 78052, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days181 Days+1010.9%

Summary: Homes in 78052 had an average of 181 days on market in Oct 2024, up by 1010.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 78052 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 9 homes were sold in 78052; 11% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 78% 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 78052, TX

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