Is Siena, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Siena is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Siena has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Siena, TX

How much do homes in Siena, TX cost?

Median Sold Price

$380,000

$194/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$62,000(-14.0%)

Key Takeaway

Homes in Siena have sold for 14% less than they did a month ago.

Summary: The median home sold price in Siena was $380,000 in October 2024, down 14% from last month, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $362.5K$380K
+4.8%
4 $519.5K-
N/A
5+ --
N/A

Summary: Siena 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 4.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Siena, TX

How many homes are available in Siena, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
21210.0%

Summary: The Siena real estate market had 21 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 99
0.0%
4 1111
0.0%
5+ 11
0.0%

Summary: The Siena 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 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 Siena, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Siena in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Siena, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
37 Days86 Days+129.8%

Summary: Homes in Siena had an average of 86 days on market in Oct 2024, up by 129.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Siena; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 30 Days Ago

Newest Listings in Siena, TX

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