Is Galindo, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Galindo is a buyer's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Galindo, TX

How much do homes in Galindo, TX cost?

Median Sold Price

$775,000

$471/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$35,500(+4.8%)

Key Takeaway

Homes in Galindo have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Galindo was $775,000 in December 2024, up 4.8% from last year, and the median price per square foot was $471.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $420K$419.5K
-0.1%
2 $630K$500K
-20.6%
3 $740K$775K
+4.7%
4 $1.4M$1.3M
-7.6%
5+ $1.4M-
N/A

Summary: Galindo housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.1%, 2 bedroom homes decreased by 20.6%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes did not change.

Housing Supply in Galindo, TX

How many homes are available in Galindo, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
33330.0%

Summary: The Galindo real estate market had 33 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 109
-10.0%
3 1212
0.0%
4 78
+14.3%
5+ 33
0.0%

Summary: The Galindo 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 decreased by 10%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were 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 Galindo, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Galindo in December 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Galindo, TX

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

Average Sale Time

Dec 2023Dec 2024CHANGE
50 Days170 Days+238.6%

Summary: Homes in Galindo had an average of 170 days on market in Dec 2024, up by 238.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 3 homes were sold in Galindo; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 4 Days Ago

Newest Listings in Galindo, TX

Nearby Markets to Galindo, TX