Is Villages of Hidden Lake, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Villages of Hidden Lake is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Villages of Hidden Lake has remained a Seller's Market.

Key Takeaway

Villages of Hidden Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Villages of Hidden Lake, TX

How much do homes in Villages of Hidden Lake, TX cost?

Median Sold Price

$409,500

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$500(-0.1%)

Key Takeaway

The sold price of homes in Villages of Hidden Lake has remained the same since last year.

Summary: The median home sold price in Villages of Hidden Lake was $409,500 in October 2024, down 0.1% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $357.5K$383.4K
+7.3%
4 $420K$425K
+1.2%
5+ $521K$654.9K
+25.7%

Summary: Villages of Hidden Lake 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 did not change, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 25.7%.

Housing Supply in Villages of Hidden Lake, TX

How many homes are available in Villages of Hidden Lake, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1820+11.1%

Summary: The Villages of Hidden Lake real estate market had 20 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 1314
+7.7%
5+ 11
0.0%

Summary: The Villages of Hidden Lake 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 increased by 25%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were 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 Villages of Hidden Lake, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Villages of Hidden Lake in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Villages of Hidden Lake, TX

How long does it take to sell a home in Villages of Hidden Lake, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days86 Days+258.3%

Summary: Homes in Villages of Hidden Lake had an average of 86 days on market in Oct 2024, up by 258.3% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Villages of Hidden Lake has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Villages of Hidden Lake; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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

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