The 78016 housing market is somewhat competitive. The median sale price of a home in 78016 was $245K last month, down 1.6% since last year. The median sale price per square foot in 78016 is $162, up 16.9% since last year.
In April 2024, 78016 home prices were down 1.6% compared to last year, selling for a median price of $245K. On average, homes in 78016 sell after 84 days on the market compared to 99 days last year. There were 21 homes sold in April this year, up from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$245,000
-1.6% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
78016, TX
$245,000
-1.6%
United States
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How hot is the 78016 housing market?
78016 is somewhat competitive. Homes sell in 80 days.
0
100
42
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 80 days.
Hot homes
can sell for around list price and go pending in around 35 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 78016 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 78016.
Risk Factor
Flood Factor - Moderate
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
78016 has a moderate risk of flooding. 1,007 properties in 78016 are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in 78016. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
78016 has a severe risk of wildfire. There are 6,954 properties in 78016 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 78016.
96% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
78016 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 78016 is most at risk from hurricanes. 6,736 properties in 78016 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 114 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 125 mph.