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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vidor is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Vidor was a Seller's Market.

Key Takeaway

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

Housing Prices in Vidor, TX

How much do homes in Vidor, TX cost?

Median Sold Price

$144,950

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$50,050(-25.7%)

Key Takeaway

Homes in Vidor have sold for 25.7% less than they did a year ago.

Summary: The median home sold price in Vidor was $144,950 in October 2024, down 25.7% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $91K$114.9K
+26.3%
3 $197.4K$162K
-18.0%
4 $195K$165K
-15.4%
5+ $552.5K$55K
-90.0%

Summary: Vidor 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 increased by 26.3%, 3 bedroom homes decreased by 18%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 90%.

Housing Supply in Vidor, TX

How many homes are available in Vidor, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3036+20.0%

Summary: The Vidor real estate market had 36 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2024
+20.0%
4 78
+14.3%
5+ 00
0.0%

Summary: The Vidor 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 increased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vidor, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Vidor in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Vidor, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
80 Days10 Days-87.6%

Summary: Homes in Vidor had an average of 10 days on market in Oct 2024, down by 87.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Vidor; 100% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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