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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manchaca is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Manchaca, TX

How much do homes in Manchaca, TX cost?

Median Sold Price

$519,900

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$14,900(+3.0%)

Key Takeaway

Homes in Manchaca have sold for 3% more than they did a year ago.

Summary: The median home sold price in Manchaca was $519,900 in May 2024, up 3% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 -$420K
N/A
3 $489.6K$465K
-5.0%
4 $600K$538.3K
-10.3%
5+ $505K$598.9K
+18.6%

Summary: Manchaca housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 18.6%.

Median Sold Price Compared To Nearby Cities

Manchaca
+3.0%
Austin
-2.1%
Kyle-Buda
-7.3%

Housing Supply in Manchaca, TX

How many homes are available in Manchaca, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3544+25.7%

Summary: The Manchaca real estate market had 44 homes for sale in May 2024, a 25.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1719
+11.8%
4 1320
+53.8%
5+ 55
0.0%

Summary: The Manchaca housing inventory by bedroom type for May 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 11.8%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

10 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 Manchaca, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Manchaca in May 2024, up by 42.9% month-over-month. Of the 10 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Manchaca, TX

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

Average Sale Time

May 2023May 2024CHANGE
14 Days37 Days+162.3%

Summary: Homes in Manchaca had an average of 37 days on market in May 2024, up by 162.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 10 homes were sold in Manchaca; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 1 Day Ago

Newest Listings in Manchaca, TX

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