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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blackhawk is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Blackhawk was a Seller's Market.

Key Takeaway

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

Housing Prices in Blackhawk, TX

How much do homes in Blackhawk, TX cost?

Median Sold Price

$594,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,000(+3.8%)

Key Takeaway

Homes in Blackhawk have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Blackhawk was $594,000 in October 2024, up 3.8% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $465K$455K
-2.2%
4 $591.2K$595K
+0.6%
5+ $665.4K$745K
+11.9%

Summary: Blackhawk 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 did not change, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 11.9%.

Median Sold Price Compared To Nearby Neighborhoods

Blackhawk
+3.8%
Meadows of Blackhawk
-12.1%

Housing Supply in Blackhawk, TX

How many homes are available in Blackhawk, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5761+7.0%

Summary: The Blackhawk real estate market had 61 homes for sale in October 2024, a 7.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1116
+45.5%
4 3435
+2.9%
5+ 1210
-16.7%

Summary: The Blackhawk 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 increased by 45.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blackhawk, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Blackhawk in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Blackhawk, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
61 Days119 Days+93.7%

Summary: Homes in Blackhawk had an average of 119 days on market in Oct 2024, up by 93.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Blackhawk; 13% of homes were sold within 30 days, 38% 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 4 Days Ago

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