Is Old River, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Old River is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Old River has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Old River, TX

How much do homes in Old River, TX cost?

Median Sold Price

$231,000

$85/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$32,000(+16.1%)

Key Takeaway

Homes in Old River have sold for 16.1% more than they did a month ago.

Summary: The median home sold price in Old River was $231,000 in October 2024, up 16.1% from last month, and the median price per square foot was $85.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $199K-
N/A
4 -$231K
N/A
5+ --
N/A

Summary: Old River 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 Old River, TX

How many homes are available in Old River, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1316+23.1%

Summary: The Old River real estate market had 16 homes for sale in October 2024, a 23.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 67
+16.7%
4 56
+20.0%
5+ 01
+100.0%

Summary: The Old River 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

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 Old River, 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 Old River in October 2024, the same as the previous 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 Old River, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
45 Days2 Days-95.6%

Summary: Homes in Old River had an average of 2 days on market in Oct 2024, down by 95.6% compared to last month.

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 Old River are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Old River; 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 Old River, TX

Nearby Markets to Old River, TX

What housing markets are near Old River, TX?