Is Deer Creek Ranch, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Deer Creek Ranch is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Deer Creek Ranch was a Neutral Market.

Key Takeaway

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

Housing Prices in Deer Creek Ranch, TX

How much do homes in Deer Creek Ranch, TX cost?

Median Sold Price

$457,450

$287/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$57,550(-11.2%)

Key Takeaway

Homes in Deer Creek Ranch have sold for 11.2% less than they did a year ago.

Summary: The median home sold price in Deer Creek Ranch was $457,450 in November 2024, down 11.2% from last year, and the median price per square foot was $287.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $395K$420K
+6.3%
3 $497.7K$420K
-15.6%
4 $560K$469K
-16.3%
5+ --
N/A

Summary: Deer Creek Ranch housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes did not change.

Housing Supply in Deer Creek Ranch, TX

How many homes are available in Deer Creek Ranch, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1513-13.3%

Summary: The Deer Creek Ranch real estate market had 13 homes for sale in November 2024, a 13.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 99
0.0%
4 64
-33.3%
5+ 00
0.0%

Summary: The Deer Creek Ranch housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deer Creek Ranch, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Deer Creek Ranch in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Deer Creek Ranch, TX

How long does it take to sell a home in Deer Creek Ranch, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
119 Days18 Days-84.9%

Summary: Homes in Deer Creek Ranch had an average of 18 days on market in Nov 2024, down by 84.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Deer Creek Ranch; 100% of homes were sold within 30 days, 0% 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 3 Days Ago

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