Is Legend Point, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Legend Point is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Legend Point was a Seller's Market.

Key Takeaway

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

Housing Prices in Legend Point, TX

How much do homes in Legend Point, TX cost?

Median Sold Price

$294,999

$178/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$3,804(+1.3%)

Key Takeaway

Homes in Legend Point have sold for 1.3% more than they did a month ago.

Summary: The median home sold price in Legend Point was $294,999 in October 2024, up 1.3% from last month, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $274K$294.9K
+7.7%
4 $297.7K-
N/A
5+ --
N/A

Summary: Legend Point 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 increased by 7.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Legend Point, TX

How many homes are available in Legend Point, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2317-26.1%

Summary: The Legend Point real estate market had 17 homes for sale in October 2024, a 26.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1210
-16.7%
4 106
-40.0%
5+ 11
0.0%

Summary: The Legend Point 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
101-90.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Legend Point, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Legend Point in October 2024, down by 90.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Legend Point, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
145 Days39 Days-73.1%

Summary: Homes in Legend Point had an average of 39 days on market in Oct 2024, down by 73.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Legend Point has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Legend Point; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Legend Point, TX

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