Is Hedwig Village, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hedwig Village is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hedwig Village has remained a Seller's Market.

Key Takeaway

Hedwig Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hedwig Village, TX

How much do homes in Hedwig Village, TX cost?

Median Sold Price

$1,890,000

$405/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$1,715,750(+984.6%)

Key Takeaway

Homes in Hedwig Village have sold for 984.6% more than they did a month ago.

Summary: The median home sold price in Hedwig Village was $1,890,000 in October 2024, up 984.6% from last month, and the median price per square foot was $405.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $128.5K$130K
+1.2%
2 --
N/A
3 $220K-
N/A
4 -$2.2M
N/A
5+ -$1.8M
N/A

Summary: Hedwig Village housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hedwig Village, TX

How many homes are available in Hedwig Village, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89+12.5%

Summary: The Hedwig Village real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 00
0.0%
3 10
-100.0%
4 22
0.0%
5+ 35
+66.7%

Summary: The Hedwig Village 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

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 Hedwig Village, 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 Hedwig Village in October 2024, up by 50.0% month-over-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 Hedwig Village, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days17 Days-38.2%

Summary: Homes in Hedwig Village had an average of 17 days on market in Oct 2024, down by 38.2% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hedwig Village are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Hedwig Village; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Hedwig Village, TX

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