Is The Village, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Village is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, The Village has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in The Village, TX

How much do homes in The Village, TX cost?

Median Sold Price

$503,000

$437/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$91,500(+22.2%)

Key Takeaway

Homes in The Village have sold for 22.2% more than they did a month ago.

Summary: The median home sold price in The Village was $503,000 in August 2024, up 22.2% from last month, and the median price per square foot was $437.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 $411.5K$503K
+22.2%
3 -$503K
N/A
4 --
N/A
5+ --
N/A

Summary: The Village housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in The Village, TX

How many homes are available in The Village, TX?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
2124+14.3%

Summary: The The Village real estate market had 24 homes for sale in August 2024, a 14.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 12
+100.0%
2 66
0.0%
3 79
+28.6%
4 77
0.0%
5+ 00
0.0%

Summary: The The Village housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Village, 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 The Village in August 2024, up by 100.0% 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 The Village, TX

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

Average Sale Time

Jul 2024Aug 2024CHANGE
89 Days107 Days+20.2%

Summary: Homes in The Village had an average of 107 days on market in Aug 2024, up by 20.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 2 homes were sold in The Village; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 27 Days Ago

Newest Listings in The Village, TX

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