$600,000
0.34 Acres
Land
Mirna Lopez, Listing Office: Realty Associates
Is Lawndale / Wayside, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Lawndale / Wayside was a Seller's Market.
Key Takeaway
Lawndale / Wayside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lawndale / Wayside, TX
How much do homes in Lawndale / Wayside, TX cost?
Median Sold Price
$310,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,500(+7.8%)
Key Takeaway
Homes in Lawndale / Wayside have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Lawndale / Wayside was $310,000 in October 2024, up 7.8% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | - | N/A |
| 2 Bedrooms | $288.5K | $270K | -6.4% |
| 3 Bedrooms | $280K | $333.5K | +19.1% |
| 4 Bedrooms | $402K | $342K | -14.9% |
| 5+ Bedrooms | - | $322.5K | N/A |
Summary: Lawndale / Wayside 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 decreased by 6.4%, 3 bedroom homes increased by 19.1%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Lawndale / Wayside | $287.5K | $310K | +7.8% |
| Greater Eastwood | $375K | $365K | -2.7% |
Housing Supply in Lawndale / Wayside, TX
How many homes are available in Lawndale / Wayside, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 42 | +13.5% |
Summary: The Lawndale / Wayside real estate market had 42 homes for sale in October 2024, a 13.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 22 | 22 | 0.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Lawndale / Wayside 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 remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lawndale / Wayside, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lawndale / Wayside in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Lawndale / Wayside, TX
How long does it take to sell a home in Lawndale / Wayside, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 75 Days | 77 Days | +1.9% |
Summary: Homes in Lawndale / Wayside had an average of 77 days on market in Oct 2024, up by 1.9% 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
Key Takeaway
Avg time on Rocket Homes in Lawndale / Wayside has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Lawndale / Wayside; 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.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.