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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Panther Creek is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Panther Creek has remained a Seller's Market.

Key Takeaway

Panther Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Panther Creek, TX

How much do homes in Panther Creek, TX cost?

Median Sold Price

$425,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+10.4%)

Key Takeaway

Homes in Panther Creek have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Panther Creek was $425,000 in October 2024, up 10.4% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $161K$141.2K
-12.3%
2 $205K$170K
-17.1%
3 $330K$330K
0.0%
4 $487.5K$679.6K
+39.4%
5+ $800K$850K
+6.3%

Summary: Panther Creek housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.3%, 2 bedroom homes decreased by 17.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 39.4%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Neighborhoods

Cochran's Crossing
+12.5%
Panther Creek
+10.4%
East Shore
+9.6%
The Woodlands
+6.4%

Housing Supply in Panther Creek, TX

How many homes are available in Panther Creek, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5960+1.7%

Summary: The Panther Creek real estate market had 60 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 54
-20.0%
2 911
+22.2%
3 1719
+11.8%
4 2021
+5.0%
5+ 85
-37.5%

Summary: The Panther Creek housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 37.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1813-27.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Panther Creek, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Panther Creek in October 2024, down by 27.8% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.

Days on Market for Panther Creek, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days36 Days+70.7%

Summary: Homes in Panther Creek had an average of 36 days on market in Oct 2024, up by 70.7% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 13 homes were sold in Panther Creek; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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 21 Days Ago

Newest Listings in Panther Creek, TX

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