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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Miramesa is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Miramesa, TX

How much do homes in Miramesa, TX cost?

Median Sold Price

$395,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$10,000(-2.5%)

Key Takeaway

Homes in Miramesa have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Miramesa was $395,000 in November 2024, down 2.5% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $356K$355K
-0.3%
4 $437.5K$430.7K
-1.5%
5+ $604K$550K
-8.9%

Summary: Miramesa 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 0.3%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 8.9%.

Median Sold Price Compared To Nearby Neighborhoods

Cypress Creek Lakes
+4.2%
Cypress
+1.6%
Towne Lake
-2.1%
Miramesa
-2.5%

Housing Supply in Miramesa, TX

How many homes are available in Miramesa, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2227+22.7%

Summary: The Miramesa real estate market had 27 homes for sale in November 2024, a 22.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 64
-33.3%
4 1116
+45.5%
5+ 57
+40.0%

Summary: The Miramesa 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 33.3%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

5 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 Miramesa, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Miramesa in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Miramesa, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days29 Days+38.9%

Summary: Homes in Miramesa had an average of 29 days on market in Nov 2024, up by 38.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Miramesa; 71% of homes were sold within 30 days, 29% 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

Newest Listings in Miramesa, TX

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