Is Marble Falls, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marble Falls is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Marble Falls was a Seller's Market.

Key Takeaway

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

Housing Prices in Marble Falls, TX

How much do homes in Marble Falls, TX cost?

Median Sold Price

$382,620

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$87,380(-18.6%)

Key Takeaway

Homes in Marble Falls have sold for 18.6% less than they did a year ago.

Summary: The median home sold price in Marble Falls was $382,620 in November 2024, down 18.6% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $114.9K$670K
+482.7%
2 $399.1K$370K
-7.3%
3 $420K$393.5K
-6.3%
4 $832.5K$369.9K
-55.6%
5+ $830K$598.4K
-27.9%

Summary: Marble Falls housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 482.7%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 55.6%, and 5+ bedroom homes decreased by 27.9%.

Median Sold Price Compared To Nearby Cities

Meadowlakes
-2.5%
Marble Falls
-18.6%

Housing Supply in Marble Falls, TX

How many homes are available in Marble Falls, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
138141+2.2%

Summary: The Marble Falls real estate market had 141 homes for sale in November 2024, a 2.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 57
+40.0%
3 6163
+3.3%
4 6262
0.0%
5+ 87
-12.5%

Summary: The Marble Falls 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 increased by 40%, 3 bedroom homes increased by 3.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1518+20.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marble Falls, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Marble Falls in November 2024, up by 20.0% month-over-month. Of the 18 sold homes, 72% were sold under asking, 28% were sold at asking, and 0% were sold over asking.

Days on Market for Marble Falls, TX

How long does it take to sell a home in Marble Falls, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
103 Days91 Days-11.2%

Summary: Homes in Marble Falls had an average of 91 days on market in Nov 2024, down by 11.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Marble Falls are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 18 homes were sold in Marble Falls; 33% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 39% 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 21 Days Ago

Newest Listings in Marble Falls, TX

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