Is Orchard-Kendleton, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orchard-Kendleton is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Orchard-Kendleton has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Orchard-Kendleton, TX

How much do homes in Orchard-Kendleton, TX cost?

Median Sold Price

$575,000

$344/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$240,000(-29.4%)

Key Takeaway

Homes in Orchard-Kendleton have sold for 29.4% less than they did a month ago.

Summary: The median home sold price in Orchard-Kendleton was $575,000 in October 2024, down 29.4% from last month, and the median price per square foot was $344.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$575K
N/A
4 $815K-
N/A
5+ --
N/A

Summary: Orchard-Kendleton 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 Orchard-Kendleton, TX

How many homes are available in Orchard-Kendleton, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1012+20.0%

Summary: The Orchard-Kendleton real estate market had 12 homes for sale in October 2024, a 20.0% 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 23
+50.0%
5+ 00
0.0%

Summary: The Orchard-Kendleton 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 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 Orchard-Kendleton, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Orchard-Kendleton in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Orchard-Kendleton, TX

How long does it take to sell a home in Orchard-Kendleton, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
10 Days13 Days+30.0%

Summary: Homes in Orchard-Kendleton had an average of 13 days on market in Oct 2024, up by 30% 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 Orchard-Kendleton are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Orchard-Kendleton; 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 16 Days Ago

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