$5,699 Closing Credit*
$479,900
1,434 SqFt
4 Beds
•2 Full Baths
Matthew Twomey, Listing Office: Highlands Real Estate
Housing Prices in Lochwood, TX
How much do homes in Lochwood, TX cost?
Median List Price
$562,500
$305/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2023
+$3,500(+0.6%)
Key Takeaway
The list price of homes in Lochwood has increased by 0.6% since last year.
Summary: The median home list price in Lochwood was $562,500 in August 2024, up 0.6% from the previous year, and the median price per square foot was $305.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $550K | $474.9K | -13.6% |
| 3 Bedrooms | $535K | $525K | -1.9% |
| 4 Bedrooms | $634.4K | $675K | +6.4% |
| 5+ Bedrooms | $900K | $727.5K | -19.2% |
Summary: Lochwood housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 19.2%.
Median List Price Compared To Nearby Neighborhoods
| Old Lake Highlands | $517K | $599K | +15.9% |
| Lochwood | $559K | $562.5K | +0.6% |
| Gaston Park | $242K | $239.9K | -0.9% |
Housing Supply in Lochwood, TX
How many homes are available in Lochwood, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 29 | 30 | +3.4% |
Summary: The Lochwood real estate market had 30 homes for sale in August 2024, a 3.4% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 23 | 19 | -17.4% |
| 4 Bedrooms | 4 | 9 | +125.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lochwood housing inventory by bedroom type for August 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 17.4%, 4 bedroom homes increased by 125%, and 5+ bedroom homes remained the same.
Days on Market for Lochwood, TX
How long does it take to sell a home in Lochwood, TX?
Average Listing Age
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 97 Days | 47 Days | -51.6% |
Summary: Homes in Lochwood had an average listing age of 47 days in Aug 2024, down by 51.6% compared to the previous year.
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