$713 Closing Credit*
$60,000
1,064 SqFt
2 Beds
•1 Full Bath
Mike Snider, Listing Office: Texas Wide Realty
Housing Prices in Gorman, TX
How much do homes in Gorman, TX cost?
Median List Price
$165,300
$74/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$7,250(-4.2%)
Key Takeaway
The list price of homes in Gorman has decreased by 4.2% since last year.
Summary: The median home list price in Gorman was $165,300 in October 2024, down 4.2% from the previous year, and the median price per square foot was $74.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | $60K | -70.7% |
| 3 Bedrooms | $172.5K | $162.8K | -5.7% |
| 4 Bedrooms | $89.5K | $199.5K | +122.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Gorman housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 70.7%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 122.9%, and 5+ bedroom homes did not change.
Housing Supply in Gorman, TX
How many homes are available in Gorman, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The Gorman real estate market had 6 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gorman 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Gorman, TX
How long does it take to sell a home in Gorman, TX?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 231 Days | 170 Days | -26.2% |
Summary: Homes in Gorman had an average listing age of 170 days in Oct 2024, down by 26.2% compared to the previous year.
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