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 Last Month

Since last month, Deer Creek Ranch has remained a Buyer's 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

$339,000

$290/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$60,000(-15.0%)

Key Takeaway

Homes in Deer Creek Ranch have sold for 15% less than they did a month ago.

Summary: The median home sold price in Deer Creek Ranch was $339,000 in December 2024, down 15% from last month, and the median price per square foot was $290.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $399K$339K
-15.0%
4 --
N/A
5+ --
N/A

Summary: Deer Creek Ranch housing prices by bedroom type for December 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 decreased by 15%, 4 bedroom homes did not change, 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

Nov 2024Dec 2024CHANGE
880.0%

Summary: The Deer Creek Ranch real estate market had 8 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Deer Creek Ranch housing inventory by bedroom type for December 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 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 Deer Creek Ranch, 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 Deer Creek Ranch in December 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 Deer Creek Ranch, TX

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

Average Sale Time

Nov 2024Dec 2024CHANGE
18 Days14 Days-22.2%

Summary: Homes in Deer Creek Ranch had an average of 14 days on market in Dec 2024, down by 22.2% compared to last month.

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 December 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 6 Days Ago

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