Is Anderson Mill, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anderson Mill is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Anderson Mill has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Anderson Mill, TX

How much do homes in Anderson Mill, TX cost?

Median Sold Price

$399,027

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$25,972(-6.1%)

Key Takeaway

Homes in Anderson Mill have sold for 6.1% less than they did a year ago.

Summary: The median home sold price in Anderson Mill was $399,027 in November 2024, down 6.1% from last year, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $268.6K$292K
+8.7%
3 $399.9K$390K
-2.5%
4 $521.5K$460K
-11.8%
5+ $540K$575K
+6.5%

Summary: Anderson Mill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 6.5%.

Housing Supply in Anderson Mill, TX

How many homes are available in Anderson Mill, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4643-6.5%

Summary: The Anderson Mill real estate market had 43 homes for sale in November 2024, a 6.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 710
+42.9%
3 2520
-20.0%
4 1210
-16.7%
5+ 23
+50.0%

Summary: The Anderson Mill 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 increased by 42.9%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anderson Mill, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Anderson Mill in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Anderson Mill, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days57 Days+73.5%

Summary: Homes in Anderson Mill had an average of 57 days on market in Nov 2024, up by 73.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Anderson Mill has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Anderson Mill; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 22 Days Ago

Newest Listings in Anderson Mill, TX

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