Is Pine Forest, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pine Forest is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Pine Forest was a Neutral Market.

Key Takeaway

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

Housing Prices in Pine Forest, TX

How much do homes in Pine Forest, TX cost?

Median Sold Price

$795,000

$232/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$135,000(+20.5%)

Key Takeaway

Homes in Pine Forest have sold for 20.5% more than they did a month ago.

Summary: The median home sold price in Pine Forest was $795,000 in December 2024, up 20.5% from last month, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 --
N/A
5+ $660K$795K
+20.5%

Summary: Pine Forest housing prices by bedroom type for December 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 increased by 20.5%.

Housing Supply in Pine Forest, TX

How many homes are available in Pine Forest, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
65-16.7%

Summary: The Pine Forest real estate market had 5 homes for sale in December 2024, a 16.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 33
0.0%
5+ 21
-50.0%

Summary: The Pine Forest housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 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 Pine Forest, 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 Pine Forest in December 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 Pine Forest, TX

How long does it take to sell a home in Pine Forest, TX?

Average Sale Time

Nov 2024Dec 2024CHANGE
27 Days20 Days-25.9%

Summary: Homes in Pine Forest had an average of 20 days on market in Dec 2024, down by 25.9% 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 Pine Forest are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in Pine Forest; 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 2 Days Ago

Newest Listings in Pine Forest, TX

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