$7,113 Closing Credit*
$599,000
2,229 SqFt
4 Beds
•3 Full Baths
Honey Dunlap, Listing Office: Honey & Company Realty
Is Grogan's Mill, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Grogan's Mill has remained a Seller's Market.
Key Takeaway
Grogan's Mill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grogan's Mill, TX
How much do homes in Grogan's Mill, TX cost?
Median Sold Price
$415,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+3.8%)
Key Takeaway
Homes in Grogan's Mill have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Grogan's Mill was $415,000 in October 2024, up 3.8% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $294.2K | $430K | +46.1% |
| 3 Bedrooms | $335K | $330K | -1.5% |
| 4 Bedrooms | $493.5K | $595K | +20.6% |
| 5+ Bedrooms | $1.0M | $1.2M | +18.6% |
Summary: Grogan's Mill 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 increased by 46.1%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes increased by 18.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Panther Creek | $385K | $425K | +10.4% |
| East Shore | $1.0M | $1.1M | +9.6% |
| The Woodlands | $526.7K | $560.5K | +6.4% |
| Grogan's Mill | $400K | $415K | +3.8% |
Housing Supply in Grogan's Mill, TX
How many homes are available in Grogan's Mill, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 75 | +10.3% |
Summary: The Grogan's Mill real estate market had 75 homes for sale in October 2024, a 10.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 25 | 26 | +4.0% |
| 4 Bedrooms | 26 | 29 | +11.5% |
| 5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The Grogan's Mill 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 200%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grogan's Mill, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Grogan's Mill in October 2024, up by 7.7% month-over-month. Of the 14 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Grogan's Mill, TX
How long does it take to sell a home in Grogan's Mill, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 16 Days | -69.9% |
Summary: Homes in Grogan's Mill had an average of 16 days on market in Oct 2024, down by 69.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grogan's Mill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Grogan's Mill; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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