$2,244 Closing Credit*
$189,000
1,216 SqFt
3 Beds
•2 Full Baths
Janie Hendrix, Listing Office: City Real Estate
Is Teague, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Teague was a Seller's Market.
Key Takeaway
Teague is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Teague, TX
How much do homes in Teague, TX cost?
Median Sold Price
$230,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,500(+5.7%)
Key Takeaway
Homes in Teague have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Teague was $230,000 in October 2024, up 5.7% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $157.3K | $75K | -52.3% |
| 3 Bedrooms | $179.5K | $230K | +28.1% |
| 4 Bedrooms | $289K | $230K | -20.4% |
| 5+ Bedrooms | - | $700K | N/A |
Summary: Teague 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 decreased by 52.3%, 3 bedroom homes increased by 28.1%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes did not change.
Housing Supply in Teague, TX
How many homes are available in Teague, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 37 | -7.5% |
Summary: The Teague real estate market had 37 homes for sale in October 2024, a 7.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Teague 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 decreased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Teague, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Teague in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Teague, TX
How long does it take to sell a home in Teague, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 72 Days | 13 Days | -82.1% |
Summary: Homes in Teague had an average of 13 days on market in Oct 2024, down by 82.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Teague are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Teague; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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