$449,000
19.99 Acres
Land
Teresa Barajas, Listing Office: J. Williams Real Estate Srvcs
Is Corsicana, 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, Corsicana was a Neutral Market.
Key Takeaway
Corsicana is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Corsicana, TX
How much do homes in Corsicana, TX cost?
Median Sold Price
$180,000
$150/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
-$140,000(-43.8%)
Key Takeaway
Homes in Corsicana have sold for 43.7% less than they did a month ago.
Summary: The median home sold price in Corsicana was $180,000 in August 2024, down 43.8% from last month, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $180K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $320K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Corsicana housing prices by bedroom type for August 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 Corsicana, TX
How many homes are available in Corsicana, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 183 | 183 | 0.0% |
Summary: The Corsicana real estate market had 183 homes for sale in August 2024, the same as July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 97 | 103 | +6.2% |
| 4 Bedrooms | 55 | 50 | -9.1% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Corsicana housing inventory by bedroom type for August 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 6.2%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 27 | 26 | -3.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Corsicana, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Corsicana in August 2024, down by 3.7% 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 Corsicana, TX
How long does it take to sell a home in Corsicana, TX?
Average Sale Time
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 48 Days | 71 Days | +46.2% |
Summary: Homes in Corsicana had an average of 71 days on market in Aug 2024, up by 46.2% compared to last month.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Corsicana are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 26 homes were sold in Corsicana; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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