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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plum Creek is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Plum Creek, TX

How much do homes in Plum Creek, TX cost?

Median Sold Price

$325,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,000(-7.1%)

Key Takeaway

Homes in Plum Creek have sold for 7.1% less than they did a year ago.

Summary: The median home sold price in Plum Creek was $325,000 in October 2024, down 7.1% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $280K$287K
+2.5%
3 $345K$320K
-7.2%
4 $382K$359.9K
-5.8%
5+ $485K$449K
-7.4%

Summary: Plum Creek housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 7.4%.

Median Sold Price Compared To Nearby Neighborhoods

Plum Creek
-7.1%
Brooks Crossing
-15.7%

Housing Supply in Plum Creek, TX

How many homes are available in Plum Creek, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5150-2.0%

Summary: The Plum Creek real estate market had 50 homes for sale in October 2024, a 2.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 2726
-3.7%
4 1921
+10.5%
5+ 21
-50.0%

Summary: The Plum 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 decreased by 33.3%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
615+150.0%

Asking Price vs. Sold Price

10 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 Plum 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 15 homes were sold or pending in Plum Creek in October 2024, up by 150.0% month-over-month. Of the 15 sold homes, 67% were sold under asking, 13% were sold at asking, and 20% were sold over asking.

Days on Market for Plum Creek, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days51 Days+40.2%

Summary: Homes in Plum Creek had an average of 51 days on market in Oct 2024, up by 40.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Plum Creek has remained consistent over time.

Summary: During October 2024, 15 homes were sold in Plum Creek; 33% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 13% 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 4 Days Ago

Newest Listings in Plum Creek, TX

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