Is Eagle Lake, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eagle Lake is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Eagle Lake has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Eagle Lake, TX

How much do homes in Eagle Lake, TX cost?

Median Sold Price

$250,000

$129/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$193,000(+338.6%)

Key Takeaway

Homes in Eagle Lake have sold for 338.6% more than they did a month ago.

Summary: The median home sold price in Eagle Lake was $250,000 in October 2024, up 338.6% from last month, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $57K-
N/A
3 -$250K
N/A
4 --
N/A
5+ --
N/A

Summary: Eagle Lake housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Eagle Lake, TX

How many homes are available in Eagle Lake, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1620+25.0%

Summary: The Eagle Lake real estate market had 20 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 58
+60.0%
4 55
0.0%
5+ 33
0.0%

Summary: The Eagle Lake 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 50%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

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 Eagle Lake, 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 Eagle Lake in October 2024, the same as the previous 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 Eagle Lake, TX

How long does it take to sell a home in Eagle Lake, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
25 Days8 Days-68.0%

Summary: Homes in Eagle Lake had an average of 8 days on market in Oct 2024, down by 68% 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 Eagle Lake are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Eagle Lake; 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 16 Days Ago

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