Is 78226, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78226 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 78226 was a Seller's Market.

Key Takeaway

78226 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 78226, TX

How much do homes in 78226, TX cost?

Median Sold Price

$200,999

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,749(+17.4%)

Key Takeaway

Homes in 78226 have sold for 17.4% more than they did a year ago.

Summary: The median home sold price in 78226 was $200,999 in October 2024, up 17.4% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $120K$150K
+25.0%
3 $183K$183.4K
0.3%
4 $259K$234.4K
-9.5%
5+ --
N/A

Summary: 78226 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 25%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

78226
+17.4%
78211
+2.5%
78237
-3.4%
78225
-9.1%

Housing Supply in 78226, TX

How many homes are available in 78226, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The 78226 real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 55
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 78226 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78226, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 78226 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 78226, TX

How long does it take to sell a home in 78226, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days19 Days-43.3%

Summary: Homes in 78226 had an average of 19 days on market in Oct 2024, down by 43.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78226 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 78226; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in 78226, TX

Nearby Markets to 78226, TX