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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Center is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Center was a Neutral Market.

Key Takeaway

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

Housing Prices in Center, TX

How much do homes in Center, TX cost?

Median Sold Price

$400,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$140,000(-25.9%)

Key Takeaway

Homes in Center have sold for 25.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$400K
N/A
4 $540K-
N/A
5+ --
N/A

Summary: Center 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Center, TX

How many homes are available in Center, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
78+14.3%

Summary: The Center real estate market had 8 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 34
+33.3%
4 21
-50.0%
5+ 01
+100.0%

Summary: The Center 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 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

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 Center, 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 Center in October 2024, up by 100.0% 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 Center, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
106 Days35 Days-67.0%

Summary: Homes in Center had an average of 35 days on market in Oct 2024, down by 67% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Center has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Center; 0% of homes were sold within 30 days, 50% 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 20 Days Ago

Newest Listings in Center, TX

Nearby Markets to Center, TX