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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anderson is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Anderson was a Neutral Market.

Key Takeaway

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

Housing Prices in Anderson, TX

How much do homes in Anderson, TX cost?

Median Sold Price

$280,000

$245/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$136,400(-32.8%)

Key Takeaway

Homes in Anderson have sold for 32.8% less than they did a month ago.

Summary: The median home sold price in Anderson was $280,000 in April 2024, down 32.8% from last month, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$222K
N/A
2 --
N/A
3 -$280K
N/A
4 $416.4K$600K
+44.1%
5+ --
N/A

Summary: Anderson housing prices by bedroom type for April 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 did not change, 4 bedroom homes increased by 44.1%, and 5+ bedroom homes did not change.

Housing Supply in Anderson, TX

How many homes are available in Anderson, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1316+23.1%

Summary: The Anderson real estate market had 16 homes for sale in April 2024, a 23.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 11
0.0%
3 56
+20.0%
4 55
0.0%
5+ 13
+200.0%

Summary: The Anderson housing inventory by bedroom type for April 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anderson, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Anderson in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Anderson, TX

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

Average Sale Time

Mar 2024Apr 2024CHANGE
171 Days76 Days-55.2%

Summary: Homes in Anderson had an average of 76 days on market in Apr 2024, down by 55.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Anderson has remained consistent over time.

Summary: During April 2024, 3 homes were sold in Anderson; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 Anderson, TX

Nearby Markets to Anderson, TX

What housing markets are near Anderson, TX?