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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Taylor is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Taylor was a Neutral Market.

Key Takeaway

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

Housing Prices in Taylor, TX

How much do homes in Taylor, TX cost?

Median Sold Price

$315,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$14,000(-4.3%)

Key Takeaway

Homes in Taylor have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in Taylor was $315,000 in November 2024, down 4.3% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$390K
N/A
2 $237.5K$211.5K
-10.9%
3 $325K$310K
-4.6%
4 $350K$364.9K
+4.3%
5+ $625K$427.5K
-31.6%

Summary: Taylor housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.9%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 31.6%.

Housing Supply in Taylor, TX

How many homes are available in Taylor, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
125121-3.2%

Summary: The Taylor real estate market had 121 homes for sale in November 2024, a 3.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1112
+9.1%
3 6163
+3.3%
4 4639
-15.2%
5+ 77
0.0%

Summary: The Taylor housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
148-42.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Taylor, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Taylor in November 2024, down by 42.9% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Taylor, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
58 Days59 Days+0.6%

Summary: Homes in Taylor had an average of 59 days on market in Nov 2024, up by 0.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were 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

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

Summary: During November 2024, 8 homes were sold in Taylor; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

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