$1,722 Closing Credit*
$145,000
2,032 SqFt
3 Beds
•1 Full Bath
Russell Hubenak, Listing Office: Hudgins-Groover Real Estate
Is Boling-Newgulf, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Boling-Newgulf was a Buyer's Market.
Key Takeaway
Boling-Newgulf is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Boling-Newgulf, TX
How much do homes in Boling-Newgulf, TX cost?
Median Sold Price
$255,000
$162/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$162,150(-38.9%)
Key Takeaway
Homes in Boling-Newgulf have sold for 38.9% less than they did a month ago.
Summary: The median home sold price in Boling-Newgulf was $255,000 in October 2024, down 38.9% from last month, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $255K | N/A |
| 3 Bedrooms | $417.1K | $312.4K | -25.1% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Boling-Newgulf 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 25.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Boling-Newgulf, TX
How many homes are available in Boling-Newgulf, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The Boling-Newgulf real estate market had 19 homes for sale in October 2024, a 5.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Boling-Newgulf 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 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boling-Newgulf, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Boling-Newgulf in October 2024, up by 200.0% month-over-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 Boling-Newgulf, TX
How long does it take to sell a home in Boling-Newgulf, TX?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 49 Days | -38.3% |
Summary: Homes in Boling-Newgulf had an average of 49 days on market in Oct 2024, down by 38.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Boling-Newgulf are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Boling-Newgulf; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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