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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avalon is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Avalon has remained a Seller's Market.

Key Takeaway

Avalon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Avalon, TX

How much do homes in Avalon, TX cost?

Median Sold Price

$360,000

$213/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$91,000(-20.2%)

Key Takeaway

Homes in Avalon have sold for 20.2% less than they did a month ago.

Summary: The median home sold price in Avalon was $360,000 in October 2024, down 20.2% from last month, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $418K$360K
-13.9%
4 $460K-
N/A
5+ $675K-
N/A

Summary: Avalon housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 13.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Avalon, TX

How many homes are available in Avalon, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
19190.0%

Summary: The Avalon real estate market had 19 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 00
0.0%
3 109
-10.0%
4 67
+16.7%
5+ 33
0.0%

Summary: The Avalon 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 10%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were 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 Avalon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Avalon in October 2024, the same as the previous 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 Avalon, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
58 Days15 Days-73.0%

Summary: Homes in Avalon had an average of 15 days on market in Oct 2024, down by 73% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Avalon; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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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