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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wimberley is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Wimberley, TX

How much do homes in Wimberley, TX cost?

Median Sold Price

$523,250

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,750(-1.1%)

Key Takeaway

Homes in Wimberley have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Wimberley was $523,250 in October 2024, down 1.1% from last year, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $566.2K$455K
-19.6%
2 $418K$448K
+7.2%
3 $475K$469K
-1.3%
4 $705K$735K
+4.3%
5+ $854.6K$1.3M
+52.1%

Summary: Wimberley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.6%, 2 bedroom homes increased by 7.2%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 52.1%.

Median Sold Price Compared To Nearby Cities

Dripping Springs-Wimberley
+0.7%
Wimberley
-1.1%
Kyle-Buda
-4.0%

Housing Supply in Wimberley, TX

How many homes are available in Wimberley, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
199204+2.5%

Summary: The Wimberley real estate market had 204 homes for sale in October 2024, a 2.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 2320
-13.0%
3 10199
-2.0%
4 5158
+13.7%
5+ 2226
+18.2%

Summary: The Wimberley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3219-40.6%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wimberley, you may be able to get a good deal. 84.2% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Wimberley in October 2024, down by 40.6% month-over-month. Of the 19 sold homes, 84% were sold under asking, 16% were sold at asking, and 0% were sold over asking.

Days on Market for Wimberley, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
69 Days98 Days+41.8%

Summary: Homes in Wimberley had an average of 98 days on market in Oct 2024, up by 41.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 19 homes were sold in Wimberley; 32% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 47% 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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