Is West Orange, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Orange is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, West Orange has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in West Orange, TX

How much do homes in West Orange, TX cost?

Median Sold Price

$155,000

$101/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$25,000(+19.2%)

Key Takeaway

Homes in West Orange have sold for 19.2% more than they did a month ago.

Summary: The median home sold price in West Orange was $155,000 in December 2024, up 19.2% from last month, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$27K
N/A
3 $130K$165K
+26.9%
4 --
N/A
5+ --
N/A

Summary: West Orange housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 26.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in West Orange, TX

How many homes are available in West Orange, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2124+14.3%

Summary: The West Orange real estate market had 24 homes for sale in December 2024, a 14.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1617
+6.3%
4 34
+33.3%
5+ 00
0.0%

Summary: The West Orange housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 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 West Orange, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in West Orange in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for West Orange, TX

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

Average Sale Time

Nov 2024Dec 2024CHANGE
117 Days45 Days-61.0%

Summary: Homes in West Orange had an average of 45 days on market in Dec 2024, down by 61% compared to last month.

Breakdown of Home Sale Times

2 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

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

Summary: During December 2024, 3 homes were sold in West Orange; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 6 Days Ago

Newest Listings in West Orange, TX

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