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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coppell is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Coppell has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Coppell, TX

How much do homes in Coppell, TX cost?

Median Sold Price

$487,000

$186/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$62,656(-11.4%)

Key Takeaway

Homes in Coppell have sold for 11.4% less than they did a month ago.

Summary: The median home sold price in Coppell was $487,000 in October 2024, down 11.4% from last month, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $509.5K-
N/A
4 $589.8K$479K
-18.8%
5+ -$499.1K
N/A

Summary: Coppell 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 decreased by 18.8%, and 5+ bedroom homes did not change.

Housing Supply in Coppell, TX

How many homes are available in Coppell, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
142139-2.1%

Summary: The Coppell real estate market had 139 homes for sale in October 2024, a 2.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 88
0.0%
3 4536
-20.0%
4 6873
+7.4%
5+ 2122
+4.8%

Summary: The Coppell 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 20%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 4.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2830+7.1%

Asking Price vs. Sold Price

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

Summary: A total of 30 homes were sold or pending in Coppell in October 2024, up by 7.1% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Coppell, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
47 Days52 Days+9.0%

Summary: Homes in Coppell had an average of 52 days on market in Oct 2024, up by 9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Coppell are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 30 homes were sold in Coppell; 7% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 3% 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 Coppell, TX

Nearby Markets to Coppell, TX

What housing markets are near Coppell, TX?