Is Live Oak, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Live Oak was a Seller's Market.
Housing Prices in Live Oak, TX
How much do homes in Live Oak, TX cost?
Median Sold Price
$275,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Live Oak was $275,000 in May 2024, down 1.3% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $255.5K | $267K | +4.5% |
3 Bedrooms | $265K | $269.9K | +1.9% |
4 Bedrooms | $312.7K | $295K | -5.7% |
5+ Bedrooms | $360K | $390.2K | +8.4% |
Summary: Live Oak 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 increased by 4.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 8.4%.
Median Sold Price Compared To Nearby Cities
Live Oak | $278.7K | $275K | -1.3% |
Selma | $319K | $313.5K | -1.7% |
San Antonio Northeast | $269.9K | $260K | -3.7% |
Converse | $282.7K | $266.4K | -5.8% |
Universal City | $298.5K | $281K | -5.9% |
Housing Supply in Live Oak, TX
How many homes are available in Live Oak, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
77 | 73 | -5.2% |
Summary: The Live Oak real estate market had 73 homes for sale in May 2024, a 5.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 54 | 48 | -11.1% |
4 Bedrooms | 18 | 21 | +16.7% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Live Oak 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 decreased by 11.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 9 | -52.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Live Oak in May 2024, down by 52.6% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.
Days on Market for Live Oak, TX
How long does it take to sell a home in Live Oak, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
45 Days | 27 Days | -39.5% |
Summary: Homes in Live Oak had an average of 27 days on market in May 2024, down by 39.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Live Oak; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.