Is Von Ormy, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Von Ormy is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Von Ormy has remained a Seller's Market.

Key Takeaway

Von Ormy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Von Ormy, TX

How much do homes in Von Ormy, TX cost?

Median Sold Price

$287,425

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,525(-1.9%)

Key Takeaway

Homes in Von Ormy have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Von Ormy was $287,425 in October 2024, down 1.9% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $183.5K$130K
-29.2%
3 $275.4K$267.9K
-2.7%
4 $317.4K$305K
-3.9%
5+ $336.7K$341.9K
+1.5%

Summary: Von Ormy 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 29.2%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 1.5%.

Median Sold Price Compared To Nearby Cities

San Antonio
-0.8%
Von Ormy
-1.9%
San Antonio South
-2.1%

Housing Supply in Von Ormy, TX

How many homes are available in Von Ormy, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5855-5.2%

Summary: The Von Ormy real estate market had 55 homes for sale in October 2024, a 5.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 3732
-13.5%
4 1717
0.0%
5+ 34
+33.3%

Summary: The Von Ormy 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 100%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Von Ormy, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Von Ormy in October 2024, up by 83.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.

Days on Market for Von Ormy, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
59 Days81 Days+36.3%

Summary: Homes in Von Ormy had an average of 81 days on market in Oct 2024, up by 36.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Von Ormy; 27% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 45% 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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