Is Universal City, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Universal City is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Universal City has remained a Seller's Market.

Key Takeaway

Universal City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Universal City, TX

How much do homes in Universal City, TX cost?

Median Sold Price

$281,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$17,500(-5.9%)

Key Takeaway

Homes in Universal City have sold for 5.9% less than they did a year ago.

Summary: The median home sold price in Universal City was $281,000 in May 2024, down 5.9% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $180K$165.5K
-8.1%
3 $272K$260K
-4.4%
4 $330K$321K
-2.7%
5+ $430K$395K
-8.1%

Summary: Universal City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 8.1%.

Median Sold Price Compared To Nearby Cities

Schertz
-0.2%
Live Oak
-1.3%
Selma
-1.7%
San Antonio Northeast
-3.7%
Universal City
-5.9%

Housing Supply in Universal City, TX

How many homes are available in Universal City, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
8886-2.3%

Summary: The Universal City real estate market had 86 homes for sale in May 2024, a 2.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 5055
+10.0%
4 3125
-19.4%
5+ 65
-16.7%

Summary: The Universal City housing inventory by bedroom type for May 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 19.4%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2019-5.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Universal City, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Universal City in May 2024, down by 5.0% month-over-month. Of the 19 sold homes, 68% were sold under asking, 16% were sold at asking, and 16% were sold over asking.

Days on Market for Universal City, TX

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

Average Sale Time

May 2023May 2024CHANGE
47 Days69 Days+46.1%

Summary: Homes in Universal City had an average of 69 days on market in May 2024, up by 46.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Universal City has remained consistent over time.

Summary: During May 2024, 19 homes were sold in Universal City; 26% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 21% 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 2 Days Ago

Newest Listings in Universal City, TX

Nearby Markets to Universal City, TX

What housing markets are near Universal City, TX?