Is Onion Creek, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Onion Creek is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Onion Creek has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Onion Creek, TX

How much do homes in Onion Creek, TX cost?

Median Sold Price

$621,285

$226/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$76,285(+14.0%)

Key Takeaway

Homes in Onion Creek have sold for 14% more than they did a month ago.

Summary: The median home sold price in Onion Creek was $621,285 in October 2024, up 14% from last month, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$465K
N/A
3 $545K$618.5K
+13.5%
4 -$637K
N/A
5+ --
N/A

Summary: Onion Creek 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 increased by 13.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Cypress Ridge
+19.3%
Onion Creek
+14.0%

Housing Supply in Onion Creek, TX

How many homes are available in Onion Creek, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2432+33.3%

Summary: The Onion Creek real estate market had 32 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 1416
+14.3%
4 59
+80.0%
5+ 11
0.0%

Summary: The Onion Creek 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 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Onion Creek, 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 Onion Creek in October 2024, up by 300.0% 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 Onion Creek, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
5 Days97 Days+1850.0%

Summary: Homes in Onion Creek had an average of 97 days on market in Oct 2024, up by 1850% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Onion Creek are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in Onion Creek; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 15 Days Ago

Newest Listings in Onion Creek, TX

Nearby Markets to Onion Creek, TX