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 21 Days Ago

Newest Listings in 78733, TX

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