Is River Chase, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing River Chase is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, River Chase was a Seller's Market.

Key Takeaway

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

Housing Prices in River Chase, TX

How much do homes in River Chase, TX cost?

Median Sold Price

$725,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+2.1%)

Key Takeaway

Homes in River Chase have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in River Chase was $725,000 in November 2024, up 2.1% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $325K-
N/A
2 --
N/A
3 $700K$707K
+1.0%
4 $747.5K$737.5K
-1.3%
5+ $659.9K$700K
+6.1%

Summary: River Chase housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 6.1%.

Housing Supply in River Chase, TX

How many homes are available in River Chase, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3947+20.5%

Summary: The River Chase real estate market had 47 homes for sale in November 2024, a 20.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2021
+5.0%
4 1825
+38.9%
5+ 11
0.0%

Summary: The River Chase 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 remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in River Chase, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in River Chase in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for River Chase, TX

How long does it take to sell a home in River Chase, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
64 Days70 Days+9.3%

Summary: Homes in River Chase had an average of 70 days on market in Nov 2024, up by 9.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 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 River Chase has remained consistent over time.

Summary: During November 2024, 5 homes were sold in River Chase; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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

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