Is Deep Eddy, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Deep Eddy is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Deep Eddy was a Seller's Market.

Key Takeaway

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

Housing Prices in Deep Eddy, TX

How much do homes in Deep Eddy, TX cost?

Median Sold Price

$1,180,000

$600/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$277,600(+30.8%)

Key Takeaway

Homes in Deep Eddy have sold for 30.8% more than they did a year ago.

Summary: The median home sold price in Deep Eddy was $1,180,000 in October 2024, up 30.8% from last year, and the median price per square foot was $600.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$387.5K
N/A
2 $454.5K$625K
+37.5%
3 $1.1M$1.2M
+6.1%
4 $2.2M$1.7M
-22.4%
5+ $3.9M$2.1M
-43.8%

Summary: Deep Eddy housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 22.4%, and 5+ bedroom homes decreased by 43.8%.

Housing Supply in Deep Eddy, TX

How many homes are available in Deep Eddy, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2423-4.2%

Summary: The Deep Eddy real estate market had 23 homes for sale in October 2024, a 4.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 77
0.0%
3 87
-12.5%
4 45
+25.0%
5+ 44
0.0%

Summary: The Deep Eddy housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

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

Summary: A total of 3 homes were sold or pending in Deep Eddy in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Deep Eddy, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days75 Days+83.7%

Summary: Homes in Deep Eddy had an average of 75 days on market in Oct 2024, up by 83.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Deep Eddy are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Deep Eddy; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

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