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 December 2023

At the same time last year, 78733 was a Seller's 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

$415/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$60,000(+5.4%)

Key Takeaway

Homes in 78733 have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in 78733 was $1,170,000 in December 2024, up 5.4% from last year, and the median price per square foot was $415.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$495K
N/A
2 $495.5K$597K
+20.5%
3 $815K$751.5K
-7.8%
4 $1.2M$1.2M
+4.2%
5+ $2.1M$1.8M
-13.4%

Summary: 78733 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.5%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 13.4%.

Median Sold Price Compared To Nearby Zip Codes

78746
+12.3%
78730
+10.6%
78733
+5.4%
78732
+3.3%
78735
-2.3%

Housing Supply in 78733, TX

How many homes are available in 78733, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3840+5.3%

Summary: The 78733 real estate market had 40 homes for sale in December 2024, a 5.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1011
+10.0%
4 109
-10.0%
5+ 1517
+13.3%

Summary: The 78733 housing inventory by bedroom type for December 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 10%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 13.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 78733 in December 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% 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

Dec 2023Dec 2024CHANGE
66 Days58 Days-12.5%

Summary: Homes in 78733 had an average of 58 days on market in Dec 2024, down by 12.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78733 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in 78733; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 78733, TX

Nearby Markets to 78733, TX