Is Mason Hills, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mason Hills is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Mason Hills has remained a Seller's Market.

Key Takeaway

Mason Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mason Hills, TX

How much do homes in Mason Hills, TX cost?

Median Sold Price

$550,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$49,000(-8.2%)

Key Takeaway

Homes in Mason Hills have sold for 8.2% less than they did a year ago.

Summary: The median home sold price in Mason Hills was $550,000 in November 2024, down 8.2% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $489.2K$456.7K
-6.6%
4 $640.3K$495K
-22.7%
5+ $710K$610K
-14.1%

Summary: Mason Hills 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 did not change, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes decreased by 14.1%.

Housing Supply in Mason Hills, TX

How many homes are available in Mason Hills, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2221-4.5%

Summary: The Mason Hills real estate market had 21 homes for sale in November 2024, a 4.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 76
-14.3%
4 1011
+10.0%
5+ 54
-20.0%

Summary: The Mason Hills 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mason Hills, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Mason Hills in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Mason Hills, TX

How long does it take to sell a home in Mason Hills, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
53 Days16 Days-69.3%

Summary: Homes in Mason Hills had an average of 16 days on market in Nov 2024, down by 69.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Mason Hills; 75% of homes were sold within 30 days, 25% 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 21 Days Ago

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