Is 78113, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78113 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 78113 was a Buyer's Market.

Key Takeaway

78113 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 78113, TX

How much do homes in 78113, TX cost?

Median Sold Price

$159,250

$172/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$165,750(-51.0%)

Key Takeaway

Homes in 78113 have sold for 51% less than they did a month ago.

Summary: The median home sold price in 78113 was $159,250 in October 2024, down 51% from last month, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$159.2K
N/A
3 $325K-
N/A
4 --
N/A
5+ --
N/A

Summary: 78113 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 78113, TX

How many homes are available in 78113, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
990.0%

Summary: The 78113 real estate market had 9 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 22
0.0%
3 54
-20.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 78113 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

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 78113, 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 78113 in October 2024, up by 100.0% 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 78113, TX

How long does it take to sell a home in 78113, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
148 Days44 Days-69.9%

Summary: Homes in 78113 had an average of 44 days on market in Oct 2024, down by 69.9% compared to last month.

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 78113 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 78113; 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 78113, TX

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