$10,000 Closing Credit*
$2,450,000
4,190 SqFt
5 Beds
•5 Full Baths, 1 Partial
Ivan Arjona, Listing Office: RE/MAX The Woodlands & Spring
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 November 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
$426,650
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,650(+2.8%)
Key Takeaway
Homes in Grogan's Mill have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Grogan's Mill was $426,650 in November 2024, up 2.8% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $294.2K | $274K | -6.9% |
| 3 Bedrooms | $348K | $325K | -6.6% |
| 4 Bedrooms | $498K | $610K | +22.5% |
| 5+ Bedrooms | $1.1M | $1.3M | +20.0% |
Summary: Grogan's Mill 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 6.9%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Neighborhoods
| The Woodlands | $526.5K | $576.5K | +9.5% |
| Panther Creek | $401K | $435K | +8.5% |
| Grogan's Mill | $415K | $426.6K | +2.8% |
| East Shore | $1.1M | $1.0M | -7.6% |
Housing Supply in Grogan's Mill, TX
How many homes are available in Grogan's Mill, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 68 | +1.5% |
Summary: The Grogan's Mill real estate market had 68 homes for sale in November 2024, a 1.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 23 | 22 | -4.3% |
| 4 Bedrooms | 24 | 28 | +16.7% |
| 5+ Bedrooms | 17 | 14 | -17.6% |
Summary: The Grogan's Mill 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 increased by 33.3%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 17.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grogan's Mill, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Grogan's Mill in November 2024, the same as the previous month. Of the 16 sold homes, 63% were sold under asking, 31% were sold at asking, and 6% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 58 Days | +47.0% |
Summary: Homes in Grogan's Mill had an average of 58 days on market in Nov 2024, up by 47% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 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 November 2024, 16 homes were sold in Grogan's Mill; 44% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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