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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yoakum is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Yoakum, TX

How much do homes in Yoakum, TX cost?

Median Sold Price

$422,500

$252/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$242,500(+134.7%)

Key Takeaway

Homes in Yoakum have sold for 134.7% more than they did a month ago.

Summary: The median home sold price in Yoakum was $422,500 in November 2024, up 134.7% from last month, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $180K$422.5K
+134.7%
4 --
N/A
5+ --
N/A

Summary: Yoakum housing prices by bedroom type for November 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 134.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Yoakum
+134.7%
Yoakum
+134.7%

Housing Supply in Yoakum, TX

How many homes are available in Yoakum, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4442-4.5%

Summary: The Yoakum real estate market had 42 homes for sale in November 2024, a 4.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 66
0.0%
3 2119
-9.5%
4 1111
0.0%
5+ 55
0.0%

Summary: The Yoakum 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 decreased by 9.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were 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 Yoakum, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Yoakum in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Yoakum, TX

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

Average Sale Time

Oct 2024Nov 2024CHANGE
32 Days120 Days+267.3%

Summary: Homes in Yoakum had an average of 120 days on market in Nov 2024, up by 267.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Yoakum are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Yoakum; 50% of homes were sold within 30 days, 0% 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 25 Days Ago

Newest Listings in Yoakum, TX

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