Is 78613, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78613 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 78613 was a Seller's Market.

Key Takeaway

78613 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 78613, TX

How much do homes in 78613, TX cost?

Median Sold Price

$478,714

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,522(-2.2%)

Key Takeaway

Homes in 78613 have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in 78613 was $478,714 in October 2024, down 2.2% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $355K-
N/A
2 $309.1K$310K
0.3%
3 $405K$397.5K
-1.9%
4 $570.5K$589K
+3.2%
5+ $799K$831K
+4.0%

Summary: 78613 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 0.3%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 4%.

Median Sold Price Compared To Nearby Zip Codes

78641
+2.2%
78681
+1.6%
78613
-2.2%
78726
-3.0%
78717
-5.5%

Housing Supply in 78613, TX

How many homes are available in 78613, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
280303+8.2%

Summary: The 78613 real estate market had 303 homes for sale in October 2024, a 8.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 97
-22.2%
3 124138
+11.3%
4 115127
+10.4%
5+ 3231
-3.1%

Summary: The 78613 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 22.2%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 3.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4645-2.2%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78613, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in 78613 in October 2024, down by 2.2% month-over-month. Of the 45 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.

Days on Market for 78613, TX

How long does it take to sell a home in 78613, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days46 Days+18.5%

Summary: Homes in 78613 had an average of 46 days on market in Oct 2024, up by 18.5% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78613 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 45 homes were sold in 78613; 49% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 22% 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 78613, TX

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