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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anderson Mill is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Anderson Mill, TX

How much do homes in Anderson Mill, TX cost?

Median Sold Price

$410,000

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$68,000(-14.2%)

Key Takeaway

Homes in Anderson Mill have sold for 14.2% less than they did a year ago.

Summary: The median home sold price in Anderson Mill was $410,000 in April 2024, down 14.2% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $280K$290K
+3.6%
3 $470.1K$390K
-17.0%
4 $528.5K$500K
-5.4%
5+ $675K$557.5K
-17.4%

Summary: Anderson Mill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes decreased by 17%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 17.4%.

Housing Supply in Anderson Mill, TX

How many homes are available in Anderson Mill, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4455+25.0%

Summary: The Anderson Mill real estate market had 55 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 2837
+32.1%
4 88
0.0%
5+ 01
+100.0%

Summary: The Anderson Mill 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 increased by 12.5%, 3 bedroom homes increased by 32.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
11110.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anderson Mill, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Anderson Mill in April 2024, the same as the previous month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.

Days on Market for Anderson Mill, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
18 Days12 Days-33.1%

Summary: Homes in Anderson Mill had an average of 12 days on market in Apr 2024, down by 33.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 11 homes were sold in Anderson Mill; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% 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 13 Days Ago

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