Is 78733, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78733 is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, 78733 has remained a Neutral Market.

Key Takeaway

78733 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 78733, TX

How much do homes in 78733, TX cost?

Median Sold Price

$1,170,000

$416/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$70,000(+6.4%)

Key Takeaway

Homes in 78733 have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in 78733 was $1,170,000 in October 2024, up 6.4% from last year, and the median price per square foot was $416.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$495K
N/A
2 $516K$556K
+7.8%
3 $811.2K$745.7K
-8.1%
4 $1.2M$1.3M
+4.4%
5+ $2.1M$1.8M
-17.2%

Summary: 78733 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 7.8%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 17.2%.

Median Sold Price Compared To Nearby Zip Codes

78746
+10.4%
78730
+9.2%
78733
+6.4%
78732
+1.2%
78735
-1.0%

Housing Supply in 78733, TX

How many homes are available in 78733, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5256+7.7%

Summary: The 78733 real estate market had 56 homes for sale in October 2024, a 7.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1718
+5.9%
4 1822
+22.2%
5+ 1514
-6.7%

Summary: The 78733 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 remained the same, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78733, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 78733 in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for 78733, TX

How long does it take to sell a home in 78733, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
67 Days84 Days+24.2%

Summary: Homes in 78733 had an average of 84 days on market in Oct 2024, up by 24.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 78733 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 8 homes were sold in 78733; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 3 Days Ago

Newest Listings in 78733, TX

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