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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nixon is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Nixon was a Seller's Market.

Key Takeaway

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

Housing Prices in Nixon, TX

How much do homes in Nixon, TX cost?

Median Sold Price

$50,000

$23/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$549,995(-91.7%)

Key Takeaway

Homes in Nixon have sold for 91.7% less than they did a month ago.

Summary: The median home sold price in Nixon was $50,000 in October 2024, down 91.7% from last month, and the median price per square foot was $23.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $875K-
N/A
2 --
N/A
3 -$50K
N/A
4 $324.9K-
N/A
5+ --
N/A

Summary: Nixon housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Nixon, TX

How many homes are available in Nixon, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
109-10.0%

Summary: The Nixon real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 56
+20.0%
4 21
-50.0%
5+ 22
0.0%

Summary: The Nixon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

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 Nixon, 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 Nixon in October 2024, down by 50.0% 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 Nixon, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
162 Days51 Days-68.6%

Summary: Homes in Nixon had an average of 51 days on market in Oct 2024, down by 68.6% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Nixon has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Nixon; 0% of homes were sold within 30 days, 100% 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

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