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 November 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

$275,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,000(-0.4%)

Key Takeaway

The sold price of homes in Live Oak has remained the same since last year.

Summary: The median home sold price in Live Oak was $275,000 in November 2024, down 0.4% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $255.5K$177K
-30.7%
3 $271.5K$265K
-2.4%
4 $300K$291K
-3.0%
5+ $329K$361.2K
+9.8%

Summary: Live Oak housing prices by bedroom type for November 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 2.4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Cities

Universal City
+1.9%
Live Oak
-0.4%
Selma
-1.9%
Converse
-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

Oct 2024Nov 2024CHANGE
114118+3.5%

Summary: The Live Oak real estate market had 118 homes for sale in November 2024, a 3.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 53
-40.0%
3 6671
+7.6%
4 3537
+5.7%
5+ 54
-20.0%

Summary: The Live Oak housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1516+6.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 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. 41.7% of homes here sold near the asking price last month.

Summary: A total of 16 homes were sold or pending in Live Oak in November 2024, up by 6.7% month-over-month. Of the 12 sold homes, 33% were sold under asking, 42% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
54 Days47 Days-12.7%

Summary: Homes in Live Oak had an average of 47 days on market in Nov 2024, down by 12.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Live Oak are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in Live Oak; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

Newest Listings in Live Oak, TX

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