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 October 2023

Since last year, Marble Falls has remained a Buyer'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

$382,250

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$88,750(-18.8%)

Key Takeaway

Homes in Marble Falls have sold for 18.8% less than they did a year ago.

Summary: The median home sold price in Marble Falls was $382,250 in October 2024, down 18.8% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $114.9K$670K
+482.7%
2 $393.5K$374.9K
-4.7%
3 $420K$379.6K
-9.6%
4 $925K$370.9K
-59.9%
5+ $780K$598.4K
-23.3%

Summary: Marble Falls housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 482.7%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 59.9%, and 5+ bedroom homes decreased by 23.3%.

Housing Supply in Marble Falls, TX

How many homes are available in Marble Falls, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
125119-4.8%

Summary: The Marble Falls real estate market had 119 homes for sale in October 2024, a 4.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 15
+400.0%
3 5756
-1.8%
4 5647
-16.1%
5+ 99
0.0%

Summary: The Marble Falls 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 increased by 400%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1914-26.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

8 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, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 14 homes were sold or pending in Marble Falls in October 2024, down by 26.3% month-over-month. Of the 14 sold homes, 43% were sold under asking, 57% 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

Oct 2023Oct 2024CHANGE
126 Days62 Days-50.8%

Summary: Homes in Marble Falls had an average of 62 days on market in Oct 2024, down by 50.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 14 homes were sold in Marble Falls; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% 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 20 Days Ago

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