Is Live Oak, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Live Oak is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Live Oak was a Neutral Market.

Key Takeaway

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

Housing Prices in Live Oak, TX

How much do homes in Live Oak, TX cost?

Median Sold Price

$278,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,000(+1.1%)

Key Takeaway

Homes in Live Oak have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Live Oak was $278,000 in October 2024, up 1.1% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $255.5K$177K
-30.7%
3 $272K$265K
-2.6%
4 $300K$305K
+1.7%
5+ $329K$361.2K
+9.8%

Summary: Live Oak 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 30.7%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Cities

Universal City
+3.6%
Live Oak
+1.1%
Converse
-1.3%
Selma
-1.9%
San Antonio Northeast
-1.9%

Housing Supply in Live Oak, TX

How many homes are available in Live Oak, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6987+26.1%

Summary: The Live Oak real estate market had 87 homes for sale in October 2024, a 26.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 3851
+34.2%
4 2833
+17.9%
5+ 12
+100.0%

Summary: The Live Oak 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 decreased by 50%, 3 bedroom homes increased by 34.2%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Live Oak, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Live Oak in October 2024, down by 41.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.

Days on Market for Live Oak, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days37 Days-14.4%

Summary: Homes in Live Oak had an average of 37 days on market in Oct 2024, down by 14.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were 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 Live Oak has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Live Oak; 29% of homes were sold within 30 days, 71% 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 16 Days Ago

Newest Listings in Live Oak, TX

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