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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Siena is a neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Siena 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 Siena, TX

How much do homes in Siena, TX cost?

Median Sold Price

$435,500

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$500(+0.1%)

Key Takeaway

The sold price of homes in Siena has remained the same since last year.

Summary: The median home sold price in Siena was $435,500 in December 2024, up 0.1% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $395K$402K
+1.8%
4 $470K$460K
-2.1%
5+ $452K$522.5K
+15.6%

Summary: Siena housing prices by bedroom type for December 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 1.8%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 15.6%.

Housing Supply in Siena, TX

How many homes are available in Siena, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1813-27.8%

Summary: The Siena real estate market had 13 homes for sale in December 2024, a 27.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 64
-33.3%
4 119
-18.2%
5+ 10
-100.0%

Summary: The Siena housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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 2 homes were sold or pending in Siena in December 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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

Dec 2023Dec 2024CHANGE
83 Days75 Days-9.4%

Summary: Homes in Siena had an average of 75 days on market in Dec 2024, down by 9.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Siena are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Siena; 50% of homes were sold within 30 days, 0% 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 7 Days Ago

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