Is Dignowity Hill, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dignowity Hill is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Dignowity Hill was a Seller's Market.

Key Takeaway

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

Housing Prices in Dignowity Hill, TX

How much do homes in Dignowity Hill, TX cost?

Median Sold Price

$315,000

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$40,000(-11.3%)

Key Takeaway

Homes in Dignowity Hill have sold for 11.3% less than they did a year ago.

Summary: The median home sold price in Dignowity Hill was $315,000 in October 2024, down 11.3% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $360K$315K
-12.5%
2 $309K$295K
-4.5%
3 $358.9K$350K
-2.5%
4 $449.9K$385.9K
-14.2%
5+ -$380K
N/A

Summary: Dignowity Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes did not change.

Housing Supply in Dignowity Hill, TX

How many homes are available in Dignowity Hill, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7885+9.0%

Summary: The Dignowity Hill real estate market had 85 homes for sale in October 2024, a 9.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 2227
+22.7%
3 4245
+7.1%
4 88
0.0%
5+ 21
-50.0%

Summary: The Dignowity Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 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 Dignowity Hill, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Dignowity Hill in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Dignowity Hill, TX

How long does it take to sell a home in Dignowity Hill, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
116 Days71 Days-38.7%

Summary: Homes in Dignowity Hill had an average of 71 days on market in Oct 2024, down by 38.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Dignowity Hill has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Dignowity Hill; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% 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 22 Days Ago

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