$8,906 Closing Credit*
$750,000
4,416 SqFt
4 Beds
•3 Full Baths, 1 Partial
Courtney Silver, Listing Office: Coldwell Banker D'Ann Harper
Is 78248, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 78248 has remained a Seller's Market.
Key Takeaway
78248 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 78248, TX
How much do homes in 78248, TX cost?
Median Sold Price
$515,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,500(+1.5%)
Key Takeaway
Homes in 78248 have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in 78248 was $515,000 in October 2024, up 1.5% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $162.5K | +8.3% |
| 2 Bedrooms | $245K | $254.9K | +4.1% |
| 3 Bedrooms | $444.9K | $460K | +3.4% |
| 4 Bedrooms | $595K | $563.6K | -5.3% |
| 5+ Bedrooms | $875K | $707.6K | -19.1% |
Summary: 78248 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 19.1%.
Housing Supply in 78248, TX
How many homes are available in 78248, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 74 | -2.6% |
Summary: The 78248 real estate market had 74 homes for sale in October 2024, a 2.6% decrease 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 39 | 38 | -2.6% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 78248 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 16.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 18 | +38.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 78248, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 78248 in October 2024, up by 38.5% month-over-month. Of the 18 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for 78248, TX
How long does it take to sell a home in 78248, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 64 Days | +17.6% |
Summary: Homes in 78248 had an average of 64 days on market in Oct 2024, up by 17.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 78248 has remained consistent over time.
Summary: During October 2024, 18 homes were sold in 78248; 28% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 28% 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. 
Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2024 Central Texas MLS, All Rights Reserved.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.