$4,156 Closing Credit*
$350,000
1,076 SqFt
2 Beds
•1 Full Bath, 1 Partial
Phillip Battaglia, Listing Office: Keller Williams Realty
Is South Lamar (SoLa), TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, South Lamar (SoLa) was a Neutral Market.
Key Takeaway
South Lamar (SoLa) is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Lamar (SoLa), TX
How much do homes in South Lamar (SoLa), TX cost?
Median Sold Price
$725,000
$446/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$77,500(+12.0%)
Key Takeaway
Homes in South Lamar (SoLa) have sold for 12% more than they did a year ago.
Summary: The median home sold price in South Lamar (SoLa) was $725,000 in November 2024, up 12% from last year, and the median price per square foot was $446.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $351.4K | $350K | -0.4% |
| 2 Bedrooms | $451.5K | $388K | -14.1% |
| 3 Bedrooms | $882K | $750K | -15.0% |
| 4 Bedrooms | $1.6M | $1.0M | -35.5% |
| 5+ Bedrooms | - | $1.9M | N/A |
Summary: South Lamar (SoLa) housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes decreased by 14.1%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 35.5%, and 5+ bedroom homes did not change.
Housing Supply in South Lamar (SoLa), TX
How many homes are available in South Lamar (SoLa), TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 53 | +3.9% |
Summary: The South Lamar (SoLa) real estate market had 53 homes for sale in November 2024, a 3.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 27 | 29 | +7.4% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The South Lamar (SoLa) housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.4%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Lamar (SoLa), you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in South Lamar (SoLa) in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for South Lamar (SoLa), TX
How long does it take to sell a home in South Lamar (SoLa), TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 176 Days | 123 Days | -30.0% |
Summary: Homes in South Lamar (SoLa) had an average of 123 days on market in Nov 2024, down by 30% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Lamar (SoLa) has remained consistent over time.
Summary: During November 2024, 2 homes were sold in South Lamar (SoLa); 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.