Is Kyle, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kyle is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Kyle was a Seller's Market.

Key Takeaway

Kyle is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Kyle, TX

How much do homes in Kyle, TX cost?

Median Sold Price

$349,999

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,023(-1.4%)

Key Takeaway

Homes in Kyle have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Kyle was $349,999 in November 2024, down 1.4% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$463.5K
N/A
2 $289K$289.5K
0.2%
3 $324.9K$319K
-1.8%
4 $391.9K$379.5K
-3.2%
5+ $446.2K$450K
+0.8%

Summary: Kyle 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 increased by 0.2%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 0.8%.

Median Sold Price Compared To Nearby Cities

Kyle
-1.4%
Kyle-Buda
-3.3%

Housing Supply in Kyle, TX

How many homes are available in Kyle, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
629617-1.9%

Summary: The Kyle real estate market had 617 homes for sale in November 2024, a 1.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 910
+11.1%
3 255257
+0.8%
4 326304
-6.7%
5+ 3946
+17.9%

Summary: The Kyle 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 11.1%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 17.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
9891-7.1%

Asking Price vs. Sold Price

58 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kyle, you may be able to get a good deal. 63.7% of homes here sold below asking price last month.

Summary: A total of 91 homes were sold or pending in Kyle in November 2024, down by 7.1% month-over-month. Of the 91 sold homes, 64% were sold under asking, 26% were sold at asking, and 10% were sold over asking.

Days on Market for Kyle, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
94 Days84 Days-10.8%

Summary: Homes in Kyle had an average of 84 days on market in Nov 2024, down by 10.8% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

41 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 91 homes were sold in Kyle; 31% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 45% 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 17 Days Ago

Newest Listings in Kyle, TX

Nearby Markets to Kyle, TX

What housing markets are near Kyle, TX?