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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kyle is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Kyle, TX

How much do homes in Kyle, TX cost?

Median Sold Price

$349,997

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,228(-1.5%)

Key Takeaway

Homes in Kyle have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in Kyle was $349,997 in October 2024, down 1.5% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$463.5K
N/A
2 $289K$289.7K
0.3%
3 $325K$317.3K
-2.3%
4 $394.4K$379.5K
-3.8%
5+ $444K$445K
0.2%

Summary: Kyle 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 0.3%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 0.2%.

Median Sold Price Compared To Nearby Cities

Kyle
-1.5%
Kyle-Buda
-4.0%

Housing Supply in Kyle, TX

How many homes are available in Kyle, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
633607-4.1%

Summary: The Kyle real estate market had 607 homes for sale in October 2024, a 4.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 79
+28.6%
3 262252
-3.8%
4 326308
-5.5%
5+ 3838
0.0%

Summary: The Kyle 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 28.6%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
10181-19.8%

Asking Price vs. Sold Price

45 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

13 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. 55.6% of homes here sold below asking price last month.

Summary: A total of 81 homes were sold or pending in Kyle in October 2024, down by 19.8% month-over-month. Of the 81 sold homes, 56% were sold under asking, 28% were sold at asking, and 16% 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

Oct 2023Oct 2024CHANGE
88 Days65 Days-26.0%

Summary: Homes in Kyle had an average of 65 days on market in Oct 2024, down by 26% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

35 Homes Were Sold
In 30 - 90 Days

20 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kyle has remained consistent over time.

Summary: During October 2024, 81 homes were sold in Kyle; 32% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 25% 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 16 Days Ago

Newest Listings in Kyle, TX

Nearby Markets to Kyle, TX

What housing markets are near Kyle, TX?