Is Adkins, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adkins is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Adkins was a Neutral Market.

Key Takeaway

Adkins is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Adkins, TX

How much do homes in Adkins, TX cost?

Median Sold Price

$508,000

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$102,000(-16.7%)

Key Takeaway

Homes in Adkins have sold for 16.7% less than they did a year ago.

Summary: The median home sold price in Adkins was $508,000 in October 2024, down 16.7% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $340K-
N/A
2 $345.5K$301.7K
-12.7%
3 $505K$444K
-12.1%
4 $644K$557K
-13.5%
5+ $626.5K$750K
+19.7%

Summary: Adkins housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.7%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes increased by 19.7%.

Median Sold Price Compared To Nearby Cities

San Antonio East
-0.6%
Adkins
-16.7%

Housing Supply in Adkins, TX

How many homes are available in Adkins, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
53530.0%

Summary: The Adkins real estate market had 53 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1918
-5.3%
4 2323
0.0%
5+ 67
+16.7%

Summary: The Adkins housing inventory by bedroom type for October 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 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adkins, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Adkins in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Adkins, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days112 Days+157.5%

Summary: Homes in Adkins had an average of 112 days on market in Oct 2024, up by 157.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Adkins are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in Adkins; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 4 Days Ago

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