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

$592,800

$236/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$28,485(-4.6%)

Key Takeaway

Homes in Onion Creek have sold for 4.6% less than they did a month ago.

Summary: The median home sold price in Onion Creek was $592,800 in November 2024, down 4.6% from last month, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $465K-
N/A
3 $618.5K$515K
-16.7%
4 $637K$641.4K
+0.7%
5+ --
N/A

Summary: Onion Creek housing prices by bedroom type for November 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 decreased by 16.7%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes did not change.

Housing Supply in Onion Creek, TX

How many homes are available in Onion Creek, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
31310.0%

Summary: The Onion Creek real estate market had 31 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 1616
0.0%
4 89
+12.5%
5+ 12
+100.0%

Summary: The Onion Creek 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Onion Creek in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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

Oct 2024Nov 2024CHANGE
97 Days35 Days-63.8%

Summary: Homes in Onion Creek had an average of 35 days on market in Nov 2024, down by 63.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Onion Creek; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

Newest Listings in Onion Creek, TX

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