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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weimar is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Weimar has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Weimar, TX

How much do homes in Weimar, TX cost?

Median Sold Price

$295,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,550(+14.6%)

Key Takeaway

Homes in Weimar have sold for 14.6% more than they did a year ago.

Summary: The median home sold price in Weimar was $295,000 in November 2024, up 14.6% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $225K$174.5K
-22.4%
3 $220K$369.5K
+68.0%
4 $259.9K$357K
+37.4%
5+ $834.2K-
N/A

Summary: Weimar housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.4%, 3 bedroom homes increased by 68%, 4 bedroom homes increased by 37.4%, and 5+ bedroom homes did not change.

Housing Supply in Weimar, TX

How many homes are available in Weimar, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2831+10.7%

Summary: The Weimar real estate market had 31 homes for sale in November 2024, a 10.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 77
0.0%
3 1011
+10.0%
4 910
+11.1%
5+ 12
+100.0%

Summary: The Weimar housing inventory by bedroom type for November 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 10%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Weimar, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Weimar in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Weimar, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
7 Days112 Days+1500.0%

Summary: Homes in Weimar had an average of 112 days on market in Nov 2024, up by 1500% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Weimar; 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 17 Days Ago

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