Is La Grange West, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Grange West is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, La Grange West has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in La Grange West, TX

How much do homes in La Grange West, TX cost?

Median Sold Price

$369,000

$180/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$231,000(-38.5%)

Key Takeaway

Homes in La Grange West have sold for 38.5% less than they did a month ago.

Summary: The median home sold price in La Grange West was $369,000 in October 2024, down 38.5% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $600K$369K
-38.5%
4 --
N/A
5+ --
N/A

Summary: La Grange West 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 38.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in La Grange West, TX

How many homes are available in La Grange West, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3231-3.1%

Summary: The La Grange West real estate market had 31 homes for sale in October 2024, a 3.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 2119
-9.5%
4 66
0.0%
5+ 55
0.0%

Summary: The La Grange West 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 100%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 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 La Grange West, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in La Grange West in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for La Grange West, TX

How long does it take to sell a home in La Grange West, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
18 Days90 Days+400.0%

Summary: Homes in La Grange West had an average of 90 days on market in Oct 2024, up by 400% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in La Grange West has remained consistent over time.

Summary: During October 2024, 2 homes were sold in La Grange West; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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

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