Is Travis Heights / South River City, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Travis Heights / South River City is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Travis Heights / South River City was a Neutral Market.

Key Takeaway

Travis Heights / South River City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Travis Heights / South River City, TX

How much do homes in Travis Heights / South River City, TX cost?

Median Sold Price

$950,000

$563/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$37,500(-3.8%)

Key Takeaway

Homes in Travis Heights / South River City have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Travis Heights / South River City was $950,000 in October 2024, down 3.8% from last year, and the median price per square foot was $563.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $300K$316.2K
+5.4%
2 $390K$615K
+57.7%
3 $1.2M$1.0M
-13.0%
4 $1.8M$1.6M
-12.0%
5+ $2.9M$2.4M
-20.0%

Summary: Travis Heights / South River City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 57.7%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 20%.

Median Sold Price Compared To Nearby Neighborhoods

Travis Heights / South River City
-3.8%
South Congress (SoCo)
-30.5%

Housing Supply in Travis Heights / South River City, TX

How many homes are available in Travis Heights / South River City, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6361-3.2%

Summary: The Travis Heights / South River City real estate market had 61 homes for sale in October 2024, a 3.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 1714
-17.6%
3 2324
+4.3%
4 1213
+8.3%
5+ 99
0.0%

Summary: The Travis Heights / South River City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

5 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 Travis Heights / South River City, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Travis Heights / South River City in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Travis Heights / South River City, TX

How long does it take to sell a home in Travis Heights / South River City, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days96 Days+116.9%

Summary: Homes in Travis Heights / South River City had an average of 96 days on market in Oct 2024, up by 116.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in Travis Heights / South River City has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Travis Heights / South River City; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 16 Days Ago

Newest Listings in Travis Heights / South River City, TX

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