Is Mico, 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, Mico was a Seller's Market.
Housing Prices in Mico, TX
How much do homes in Mico, TX cost?
Median Sold Price
$623,500
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mico was $623,500 in May 2024, down 0.2% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $328.6K | N/A |
2 Bedrooms | - | $252K | N/A |
3 Bedrooms | $625K | $590K | -5.6% |
4 Bedrooms | $644.5K | $700K | +8.6% |
5+ Bedrooms | - | $738K | N/A |
Summary: Mico 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 did not change, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pipe Creek | $364.5K | $423K | +16.1% |
Castroville-LaCoste | $377.2K | $408.5K | +8.3% |
Mico | $625K | $623.5K | -0.2% |
San Antonio Northwest | $331.1K | $315K | -4.9% |
Housing Supply in Mico, TX
How many homes are available in Mico, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 22 | +29.4% |
Summary: The Mico real estate market had 22 homes for sale in May 2024, a 29.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 10 | 13 | +30.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mico housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Mico in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Mico, TX
How long does it take to sell a home in Mico, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
161 Days | 124 Days | -22.6% |
Summary: Homes in Mico had an average of 124 days on market in May 2024, down by 22.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Mico; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.