Is Boling-Newgulf, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boling-Newgulf is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Boling-Newgulf was a Seller's Market.

Key Takeaway

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

Housing Prices in Boling-Newgulf, TX

How much do homes in Boling-Newgulf, TX cost?

Median Sold Price

$380,000

$191/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$125,000(+49.0%)

Key Takeaway

Homes in Boling-Newgulf have sold for 49% more than they did a month ago.

Summary: The median home sold price in Boling-Newgulf was $380,000 in November 2024, up 49% from last month, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $255K-
N/A
3 $237.9K$380K
+59.7%
4 $375K-
N/A
5+ --
N/A

Summary: Boling-Newgulf housing prices by bedroom type for November 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 increased by 59.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Boling-Newgulf
+49.0%
Boling
-4.0%

Housing Supply in Boling-Newgulf, TX

How many homes are available in Boling-Newgulf, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2015-25.0%

Summary: The Boling-Newgulf real estate market had 15 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 1310
-23.1%
4 43
-25.0%
5+ 11
0.0%

Summary: The Boling-Newgulf 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 decreased by 100%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boling-Newgulf, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Boling-Newgulf in November 2024, down by 60.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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

Oct 2024Nov 2024CHANGE
46 Days19 Days-58.7%

Summary: Homes in Boling-Newgulf had an average of 19 days on market in Nov 2024, down by 58.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Boling-Newgulf are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Boling-Newgulf; 50% 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 17 Days Ago

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