Is Estates / Mission Hills, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Estates / Mission Hills is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Estates / Mission Hills was a Seller's Market.

Key Takeaway

Estates / Mission Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Estates / Mission Hills, TX

How much do homes in Estates / Mission Hills, TX cost?

Median Sold Price

$259,988

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,011(-1.9%)

Key Takeaway

Homes in Estates / Mission Hills have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Estates / Mission Hills was $259,988 in November 2024, down 1.9% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $152.5K$126.5K
-17.0%
3 $248K$240K
-3.2%
4 $285K$303.1K
+6.4%
5+ $323K$289.5K
-10.4%

Summary: Estates / Mission Hills 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 decreased by 17%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 10.4%.

Housing Supply in Estates / Mission Hills, TX

How many homes are available in Estates / Mission Hills, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3536+2.9%

Summary: The Estates / Mission Hills real estate market had 36 homes for sale in November 2024, a 2.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 22
0.0%
3 2120
-4.8%
4 810
+25.0%
5+ 22
0.0%

Summary: The Estates / Mission Hills 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 decreased by 4.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Estates / Mission Hills, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Estates / Mission Hills in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Estates / Mission Hills, TX

How long does it take to sell a home in Estates / Mission Hills, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
88 Days56 Days-36.4%

Summary: Homes in Estates / Mission Hills had an average of 56 days on market in Nov 2024, down by 36.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Estates / Mission Hills has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Estates / Mission Hills; 0% of homes were sold within 30 days, 100% 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 21 Days Ago

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