Is Pipe Creek, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Pipe Creek was a Seller's Market.
Key Takeaway
Pipe Creek is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pipe Creek, TX
How much do homes in Pipe Creek, TX cost?
Median Sold Price
$423,050
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pipe Creek have sold for 16.1% more than they did a year ago.
Summary: The median home sold price in Pipe Creek was $423,050 in May 2024, up 16.1% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $160K | -27.3% |
| 2 Bedrooms | $295K | $287.3K | -2.6% |
| 3 Bedrooms | $410K | $462K | +12.7% |
| 4 Bedrooms | $546.7K | $502.5K | -8.1% |
| 5+ Bedrooms | $650K | $415K | -36.2% |
Summary: Pipe Creek housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.3%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 36.2%.
Median Sold Price Compared To Nearby Cities
| Pipe Creek | $364.5K | $423K | +16.1% |
| Castroville-LaCoste | $377.2K | $408.5K | +8.3% |
| Mico | $625K | $623.5K | -0.2% |
| San Antonio Northwest | $331.1K | $315K | -4.9% |
Housing Supply in Pipe Creek, TX
How many homes are available in Pipe Creek, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 84 | 89 | +6.0% |
Summary: The Pipe Creek real estate market had 89 homes for sale in May 2024, a 6.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 22 | 24 | +9.1% |
| 3 Bedrooms | 36 | 39 | +8.3% |
| 4 Bedrooms | 16 | 14 | -12.5% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Pipe Creek housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pipe Creek, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Pipe Creek in May 2024, up by 12.5% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Pipe Creek, TX
How long does it take to sell a home in Pipe Creek, TX?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 106 Days | 157 Days | +48.1% |
Summary: Homes in Pipe Creek had an average of 157 days on market in May 2024, up by 48.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pipe Creek has remained consistent over time.
Summary: During May 2024, 9 homes were sold in Pipe Creek; 11% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved. 
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.