$5,641 Closing Credit*
$475,000
2,584 SqFt
4 Beds
•3 Full Baths
Robert Lashley, Listing Office: Marshall Reddick Real Estate
Is 78238, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 78238 was a Seller's Market.
Key Takeaway
78238 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 78238, TX
How much do homes in 78238, TX cost?
Median Sold Price
$255,555
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,555(+4.3%)
Key Takeaway
Homes in 78238 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 78238 was $255,555 in October 2024, up 4.3% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $239.9K | $198.5K | -17.3% |
| 3 Bedrooms | $244.5K | $247K | +1.0% |
| 4 Bedrooms | $251.1K | $283K | +12.7% |
| 5+ Bedrooms | $237.5K | $315.7K | +32.9% |
Summary: 78238 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 decreased by 17.3%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 32.9%.
Housing Supply in 78238, TX
How many homes are available in 78238, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 67 | +8.1% |
Summary: The 78238 real estate market had 67 homes for sale in October 2024, a 8.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 38 | 39 | +2.6% |
| 4 Bedrooms | 20 | 24 | +20.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 78238 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 33.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 78238, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 78238 in October 2024, down by 46.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 78238, TX
How long does it take to sell a home in 78238, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 66 Days | +38.1% |
Summary: Homes in 78238 had an average of 66 days on market in Oct 2024, up by 38.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 78238 has remained consistent over time.
Summary: During October 2024, 7 homes were sold in 78238; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.