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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anderson Mill West is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Anderson Mill West was a Neutral Market.

Key Takeaway

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

Housing Prices in Anderson Mill West, TX

How much do homes in Anderson Mill West, TX cost?

Median Sold Price

$459,000

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$14,000(+3.1%)

Key Takeaway

Homes in Anderson Mill West have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Anderson Mill West was $459,000 in September 2024, up 3.1% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $445K$385K
-13.5%
4 $465K$550K
+18.3%
5+ $735K$600K
-18.4%

Summary: Anderson Mill West housing prices by bedroom type for September 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 13.5%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes decreased by 18.4%.

Housing Supply in Anderson Mill West, TX

How many homes are available in Anderson Mill West, TX?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1921+10.5%

Summary: The Anderson Mill West real estate market had 21 homes for sale in September 2024, a 10.5% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1215
+25.0%
4 65
-16.7%
5+ 11
0.0%

Summary: The Anderson Mill West housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Anderson Mill West in September 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Anderson Mill West, TX

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

Average Sale Time

Sep 2023Sep 2024CHANGE
13 Days76 Days+488.5%

Summary: Homes in Anderson Mill West had an average of 76 days on market in Sep 2024, up by 488.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 West has remained consistent over time.

Summary: During September 2024, 2 homes were sold in Anderson Mill West; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 5 Days Ago

Newest Listings in Anderson Mill West, TX

Nearby Markets to Anderson Mill West, TX