Is Devine-Natalia, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Devine-Natalia is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Devine-Natalia has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Devine-Natalia, TX

How much do homes in Devine-Natalia, TX cost?

Median Sold Price

$325,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,000(+6.2%)

Key Takeaway

Homes in Devine-Natalia have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Devine-Natalia was $325,000 in October 2024, up 6.2% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $215K$67K
-68.8%
2 $132.5K$219K
+65.3%
3 $291K$314.5K
+8.1%
4 $411K$385.1K
-6.3%
5+ $425K$480K
+12.9%

Summary: Devine-Natalia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.8%, 2 bedroom homes increased by 65.3%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 12.9%.

Median Sold Price Compared To Nearby Cities

Devine-Natalia
+6.2%
Devine
+3.3%
Lytle
-1.5%
Natalia
-12.5%

Housing Supply in Devine-Natalia, TX

How many homes are available in Devine-Natalia, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10099-1.0%

Summary: The Devine-Natalia real estate market had 99 homes for sale in October 2024, a 1.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 68
+33.3%
3 4948
-2.0%
4 3130
-3.2%
5+ 1010
0.0%

Summary: The Devine-Natalia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
912+33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Devine-Natalia, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Devine-Natalia in October 2024, up by 33.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Devine-Natalia, TX

How long does it take to sell a home in Devine-Natalia, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days163 Days+210.4%

Summary: Homes in Devine-Natalia had an average of 163 days on market in Oct 2024, up by 210.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Devine-Natalia are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 12 homes were sold in Devine-Natalia; 0% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 92% 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 16 Days Ago

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