Is Golfcrest / Bellfort / Reveille, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Golfcrest / Bellfort / Reveille is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Golfcrest / Bellfort / Reveille was a Seller's Market.

Key Takeaway

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

Housing Prices in Golfcrest / Bellfort / Reveille, TX

How much do homes in Golfcrest / Bellfort / Reveille, TX cost?

Median Sold Price

$233,500

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$12,750(+5.8%)

Key Takeaway

Homes in Golfcrest / Bellfort / Reveille have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Golfcrest / Bellfort / Reveille was $233,500 in December 2024, up 5.8% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $119.4K$42.5K
-64.4%
2 $117.9K$170K
+44.1%
3 $227K$223.9K
-1.3%
4 $253K$252.4K
-0.2%
5+ $290K$296.4K
+2.2%

Summary: Golfcrest / Bellfort / Reveille housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.4%, 2 bedroom homes increased by 44.1%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Neighborhoods

Eastside
+12.4%
Meadowbrook / Allendale
+8.4%
Golfcrest / Bellfort / Reveille
+5.8%

Housing Supply in Golfcrest / Bellfort / Reveille, TX

How many homes are available in Golfcrest / Bellfort / Reveille, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7988+11.4%

Summary: The Golfcrest / Bellfort / Reveille real estate market had 88 homes for sale in December 2024, a 11.4% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 1821
+16.7%
3 4144
+7.3%
4 1619
+18.8%
5+ 33
0.0%

Summary: The Golfcrest / Bellfort / Reveille 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 increased by 16.7%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
89+12.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Golfcrest / Bellfort / Reveille, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Golfcrest / Bellfort / Reveille in December 2024, up by 12.5% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.

Days on Market for Golfcrest / Bellfort / Reveille, TX

How long does it take to sell a home in Golfcrest / Bellfort / Reveille, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
70 Days56 Days-20.9%

Summary: Homes in Golfcrest / Bellfort / Reveille had an average of 56 days on market in Dec 2024, down by 20.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Golfcrest / Bellfort / Reveille are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 9 homes were sold in Golfcrest / Bellfort / Reveille; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% 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

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