$1,484 Closing Credit*
$125,000
879 SqFt
2 Beds
•1 Full Bath
Luis Garza, Listing Office: eXp Realty LLC
Is Meadowbrook / Allendale, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Meadowbrook / Allendale was a Seller's Market.
Key Takeaway
Meadowbrook / Allendale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Meadowbrook / Allendale, TX
How much do homes in Meadowbrook / Allendale, TX cost?
Median Sold Price
$219,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,050(+9.5%)
Key Takeaway
Homes in Meadowbrook / Allendale have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Meadowbrook / Allendale was $219,000 in October 2024, up 9.5% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $123.5K | $189K | +53.0% |
| 3 Bedrooms | $199.9K | $206.2K | +3.1% |
| 4 Bedrooms | $246K | $285K | +15.9% |
| 5+ Bedrooms | $290K | $230K | -20.7% |
Summary: Meadowbrook / Allendale 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 increased by 53%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes decreased by 20.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Eastside | $220K | $245K | +11.4% |
| Meadowbrook / Allendale | $199.9K | $219K | +9.5% |
| Edgebrook Area | $211K | $219K | +3.8% |
Housing Supply in Meadowbrook / Allendale, TX
How many homes are available in Meadowbrook / Allendale, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 38 | +26.7% |
Summary: The Meadowbrook / Allendale real estate market had 38 homes for sale in October 2024, a 26.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 17 | 22 | +29.4% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Meadowbrook / Allendale 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 decreased by 20%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Meadowbrook / Allendale, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Meadowbrook / Allendale in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Meadowbrook / Allendale, TX
How long does it take to sell a home in Meadowbrook / Allendale, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 14 Days | -35.9% |
Summary: Homes in Meadowbrook / Allendale had an average of 14 days on market in Oct 2024, down by 35.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Meadowbrook / Allendale are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Meadowbrook / Allendale; 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.
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