Is 78633, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78633 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 78633 was a Seller's Market.

Key Takeaway

78633 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 78633, TX

How much do homes in 78633, TX cost?

Median Sold Price

$448,616

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,384(-0.3%)

Key Takeaway

The sold price of homes in 78633 has remained the same since last year.

Summary: The median home sold price in 78633 was $448,616 in October 2024, down 0.3% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $400K$387.5K
-3.1%
3 $450K$456K
+1.3%
4 $639K$638.5K
-0.1%
5+ $818.2K$715K
-12.6%

Summary: 78633 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 3.1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 12.6%.

Median Sold Price Compared To Nearby Zip Codes

78642
+12.5%
76527
+5.3%
78633
-0.3%
78628
-0.7%
76537
-0.9%

Housing Supply in 78633, TX

How many homes are available in 78633, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
384392+2.1%

Summary: The 78633 real estate market had 392 homes for sale in October 2024, a 2.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 134135
+0.7%
3 126126
0.0%
4 100103
+3.0%
5+ 2428
+16.7%

Summary: The 78633 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 0.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6460-6.3%

Asking Price vs. Sold Price

44 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78633, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.

Summary: A total of 60 homes were sold or pending in 78633 in October 2024, down by 6.3% month-over-month. Of the 60 sold homes, 73% were sold under asking, 17% were sold at asking, and 10% were sold over asking.

Days on Market for 78633, TX

How long does it take to sell a home in 78633, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
71 Days69 Days-2.8%

Summary: Homes in 78633 had an average of 69 days on market in Oct 2024, down by 2.8% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 78633 has remained consistent over time.

Summary: During October 2024, 60 homes were sold in 78633; 30% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 32% 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 78633, TX

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