Is Maxwell, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maxwell is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Maxwell, TX

How much do homes in Maxwell, TX cost?

Median Sold Price

$308,300

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,310(+2.8%)

Key Takeaway

Homes in Maxwell have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Maxwell was $308,300 in October 2024, up 2.8% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $331.4K$279.9K
-15.5%
3 $284.5K$297.6K
+4.6%
4 $322.1K$329.9K
+2.4%
5+ $335.9K$360K
+7.1%

Summary: Maxwell housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.5%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 7.1%.

Median Sold Price Compared To Nearby Cities

Maxwell
+2.8%
San Marcos
-2.5%
Kyle-Buda
-4.0%

Housing Supply in Maxwell, TX

How many homes are available in Maxwell, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3646+27.8%

Summary: The Maxwell real estate market had 46 homes for sale in October 2024, a 27.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2324
+4.3%
4 711
+57.1%
5+ 37
+133.3%

Summary: The Maxwell 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 33.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 133.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maxwell, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Maxwell in October 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Maxwell, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days24 Days-51.3%

Summary: Homes in Maxwell had an average of 24 days on market in Oct 2024, down by 51.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Maxwell; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

Newest Listings in Maxwell, TX

Nearby Markets to Maxwell, TX

What housing markets are near Maxwell, TX?