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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing River Crossing is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, River Crossing was a Buyer's Market.

Key Takeaway

River Crossing is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in River Crossing, TX

How much do homes in River Crossing, TX cost?

Median Sold Price

$885,000

$248/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$295,000(+50.0%)

Key Takeaway

Homes in River Crossing have sold for 50% more than they did a month ago.

Summary: The median home sold price in River Crossing was $885,000 in October 2024, up 50% from last month, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $590K$733.5K
+24.3%
4 -$895K
N/A
5+ --
N/A

Summary: River Crossing 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 increased by 24.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in River Crossing, TX

How many homes are available in River Crossing, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1821+16.7%

Summary: The River Crossing real estate market had 21 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 1114
+27.3%
5+ 11
0.0%

Summary: The River Crossing 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 remained the same, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were 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 River Crossing, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in River Crossing in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for River Crossing, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
33 Days102 Days+209.1%

Summary: Homes in River Crossing had an average of 102 days on market in Oct 2024, up by 209.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in River Crossing are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in River Crossing; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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

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