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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lavaca is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Lavaca, TX

How much do homes in Lavaca, TX cost?

Median Sold Price

$347,475

$238/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$38,775(-10.0%)

Key Takeaway

Homes in Lavaca have sold for 10% less than they did a year ago.

Summary: The median home sold price in Lavaca was $347,475 in October 2024, down 10% from last year, and the median price per square foot was $238.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K-
N/A
2 $390K$418.2K
+7.2%
3 $435K$354.8K
-18.4%
4 $130K$306.9K
+136.1%
5+ $344.4K$315.9K
-8.3%

Summary: Lavaca 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 7.2%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes increased by 136.1%, and 5+ bedroom homes decreased by 8.3%.

Housing Supply in Lavaca, TX

How many homes are available in Lavaca, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4243+2.4%

Summary: The Lavaca real estate market had 43 homes for sale in October 2024, a 2.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1315
+15.4%
3 2624
-7.7%
4 23
+50.0%
5+ 00
0.0%

Summary: The Lavaca 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 15.4%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

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 Lavaca, 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 Lavaca in October 2024, down by 60.0% 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 Lavaca, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
151 Days218 Days+44.1%

Summary: Homes in Lavaca had an average of 218 days on market in Oct 2024, up by 44.1% compared to last year.

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 Lavaca has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Lavaca; 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 20 Days Ago

Newest Listings in Lavaca, TX

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