Is Afton Oaks, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Afton Oaks is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Afton Oaks has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Afton Oaks, TX

How much do homes in Afton Oaks, TX cost?

Median Sold Price

$870,000

$340/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$107,500(+14.1%)

Key Takeaway

Homes in Afton Oaks have sold for 14.1% more than they did a year ago.

Summary: The median home sold price in Afton Oaks was $870,000 in November 2024, up 14.1% from last year, and the median price per square foot was $340.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $410K$248.5K
-39.4%
2 $365K$529K
+44.9%
3 $827.5K$875K
+5.7%
4 $1.3M$1.3M
-1.7%
5+ $2.5M$2.1M
-12.8%

Summary: Afton Oaks housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.4%, 2 bedroom homes increased by 44.9%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 12.8%.

Median Sold Price Compared To Nearby Neighborhoods

River Oaks
+17.0%
Afton Oaks
+14.1%
Greater Uptown
+0.8%
Greenway / Upper Kirby Area
-9.1%

Housing Supply in Afton Oaks, TX

How many homes are available in Afton Oaks, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8184+3.7%

Summary: The Afton Oaks real estate market had 84 homes for sale in November 2024, a 3.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 3131
0.0%
3 2322
-4.3%
4 1015
+50.0%
5+ 1312
-7.7%

Summary: The Afton Oaks housing inventory by bedroom type for November 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 4.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1210-16.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Afton Oaks, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Afton Oaks in November 2024, down by 16.7% month-over-month. Of the 10 sold homes, 70% were sold under asking, 0% were sold at asking, and 30% were sold over asking.

Days on Market for Afton Oaks, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days51 Days+45.0%

Summary: Homes in Afton Oaks had an average of 51 days on market in Nov 2024, up by 45% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Afton Oaks are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Afton Oaks; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% 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 18 Days Ago

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