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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shadow Creek is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Shadow Creek was a Seller's Market.

Key Takeaway

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

Housing Prices in Shadow Creek, TX

How much do homes in Shadow Creek, TX cost?

Median Sold Price

$322,499

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$12,451(-3.7%)

Key Takeaway

Homes in Shadow Creek have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in Shadow Creek was $322,499 in October 2024, down 3.7% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $312K$305K
-2.2%
4 $345K$345K
0.0%
5+ $416.4K$389.9K
-6.4%

Summary: Shadow 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 did not change, 3 bedroom homes decreased by 2.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 6.4%.

Housing Supply in Shadow Creek, TX

How many homes are available in Shadow Creek, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3036+20.0%

Summary: The Shadow Creek real estate market had 36 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1724
+41.2%
4 1110
-9.1%
5+ 22
0.0%

Summary: The Shadow 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 remained the same, 3 bedroom homes increased by 41.2%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shadow Creek, 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 Shadow Creek in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Shadow Creek, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days85 Days+110.2%

Summary: Homes in Shadow Creek had an average of 85 days on market in Oct 2024, up by 110.2% 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 Shadow Creek has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Shadow Creek; 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 21 Days Ago

Newest Listings in Shadow Creek, TX

Nearby Markets to Shadow Creek, TX