Is King William, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing King William is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, King William has remained a Buyer's Market.

Key Takeaway

King William is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in King William, TX

How much do homes in King William, TX cost?

Median Sold Price

$290,000

$170/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$25,000(-7.9%)

Key Takeaway

Homes in King William have sold for 7.9% less than they did a month ago.

Summary: The median home sold price in King William was $290,000 in October 2024, down 7.9% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$220K
N/A
2 --
N/A
3 $315K$305.6K
-3.0%
4 -$290K
N/A
5+ --
N/A

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

Median Sold Price Compared To Nearby Neighborhoods

Roosevelt Park
+319.5%
King William
-7.9%

Housing Supply in King William, TX

How many homes are available in King William, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2122+4.8%

Summary: The King William real estate market had 22 homes for sale in October 2024, a 4.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 77
0.0%
2 68
+33.3%
3 64
-33.3%
4 12
+100.0%
5+ 11
0.0%

Summary: The King William 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 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 3 homes were sold or pending in King William in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for King William, TX

How long does it take to sell a home in King William, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
118 Days125 Days+5.9%

Summary: Homes in King William had an average of 125 days on market in Oct 2024, up by 5.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in King William are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in King William; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 13 Days Ago

Newest Listings in King William, TX

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