Is 78252, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78252 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 78252 has remained a Seller's Market.

Key Takeaway

78252 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 78252, TX

How much do homes in 78252, TX cost?

Median Sold Price

$263,858

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,054(-3.7%)

Key Takeaway

Homes in 78252 have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in 78252 was $263,858 in October 2024, down 3.7% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $191.2K$134.9K
-29.4%
2 $188K$219.9K
+17.0%
3 $244.9K$240K
-2.0%
4 $299.9K$297K
-1.0%
5+ $328K$299.9K
-8.6%

Summary: 78252 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.4%, 2 bedroom homes increased by 17%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 8.6%.

Median Sold Price Compared To Nearby Zip Codes

78227
+3.7%
78242
+2.3%
78252
-3.7%
78245
-3.7%

Housing Supply in 78252, TX

How many homes are available in 78252, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
214205-4.2%

Summary: The 78252 real estate market had 205 homes for sale in October 2024, a 4.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 57
+40.0%
3 108100
-7.4%
4 8583
-2.4%
5+ 1514
-6.7%

Summary: The 78252 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 40%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3235+9.4%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78252, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in 78252 in October 2024, up by 9.4% month-over-month. Of the 35 sold homes, 51% were sold under asking, 40% were sold at asking, and 9% were sold over asking.

Days on Market for 78252, TX

How long does it take to sell a home in 78252, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
56 Days61 Days+9.5%

Summary: Homes in 78252 had an average of 61 days on market in Oct 2024, up by 9.5% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78252 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 35 homes were sold in 78252; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% 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 78252, TX

Nearby Markets to 78252, TX