Is Afton Oaks, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Afton Oaks was a Seller's Market.
Housing Prices in Afton Oaks, TX
How much do homes in Afton Oaks, TX cost?
Median Sold Price
$758,750
$304/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Afton Oaks was $758,750 in April 2024, down 2.1% from last year, and the median price per square foot was $304.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $344.6K | $337.5K | -2.1% |
2 Bedrooms | $372.5K | $465K | +24.8% |
3 Bedrooms | $755K | $780K | +3.3% |
4 Bedrooms | $1.2M | $1.7M | +35.0% |
5+ Bedrooms | $2.2M | $2.4M | +10.8% |
Summary: Afton Oaks housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 24.8%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 35%, and 5+ bedroom homes increased by 10.8%.
Median Sold Price Compared To Nearby Neighborhoods
Greenway / Upper Kirby Area | $425K | $580K | +36.5% |
River Oaks | $2.2M | $2.2M | -2.0% |
Afton Oaks | $775K | $758.7K | -2.1% |
Greater Uptown | $364K | $347.9K | -4.4% |
Housing Supply in Afton Oaks, TX
How many homes are available in Afton Oaks, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 97 | +16.9% |
Summary: The Afton Oaks real estate market had 97 homes for sale in April 2024, a 16.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 28 | 32 | +14.3% |
3 Bedrooms | 36 | 39 | +8.3% |
4 Bedrooms | 10 | 13 | +30.0% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Afton Oaks housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 13 | -23.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Afton Oaks in April 2024, down by 23.5% month-over-month. Of the 13 sold homes, 77% were sold under asking, 15% were sold at asking, and 8% were sold over asking.
Days on Market for Afton Oaks, TX
How long does it take to sell a home in Afton Oaks, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 45 Days | +24.4% |
Summary: Homes in Afton Oaks had an average of 45 days on market in Apr 2024, up by 24.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Afton Oaks; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.