78583 Home Values & Market Trends
There are 32 homes currently listed for 78583. 78583 real estate market trends show that home prices range from $180,000 to $978,000, and the median sales price in the 78583 zip code is $450,000. The total number of properties sold within the past twelve months is 43. In 78583, 1 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
Housing Market Summary for 78583
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $180K | $589K | 227.22% |
| Median Sold Price | $226.3K | $203.6K | -10.02% |
| Homes For Sale | 30 | 31 | 3.33% |
| Homes Sold | 35 | 46 | 31.43% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 78583
Browse Homes in 78583
The median list price of a home in Rio Hondo, is $450,000. A total of 32 properties are for sale, and the percentage of properties for sale in the zip code is 32.00%. The total count of 78583 properties is 78.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 78583 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 78583; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 78583 ranges from the highest value of $235,000 in rio hondo to the lowest value of $235,000 in rio hondo. Bank owned homes and properties account for 1.28% of properties in 78583. There is 1 cities within 78583; rio hondo containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 78583. Auction homes and other auction properties account for 0% of all properties in 78583. There is 1 cities within 78583; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Zip Codes
More Real Estate Resources for 78583
Guide for 78583
Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.