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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Concan is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Concan has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Concan, TX

How much do homes in Concan, TX cost?

Median Sold Price

$472,500

$217/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$627,500(-57.0%)

Key Takeaway

Homes in Concan have sold for 57% less than they did a month ago.

Summary: The median home sold price in Concan was $472,500 in October 2024, down 57% from last month, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.1M-
N/A
4 --
N/A
5+ -$472.5K
N/A

Summary: Concan 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 Concan, TX

How many homes are available in Concan, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3534-2.9%

Summary: The Concan real estate market had 34 homes for sale in October 2024, a 2.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 22
0.0%
3 87
-12.5%
4 1313
0.0%
5+ 1111
0.0%

Summary: The Concan 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 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

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 Concan, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Concan in October 2024, the same as the previous 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 Concan, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
152 Days119 Days-21.7%

Summary: Homes in Concan had an average of 119 days on market in Oct 2024, down by 21.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Concan; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 16 Days Ago

Newest Listings in Concan, TX

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