Is Benders Landing, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Benders Landing has remained a Seller's Market.
Key Takeaway
Benders Landing is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Benders Landing, TX
How much do homes in Benders Landing, TX cost?
Median Sold Price
$1,172,500
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Benders Landing have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Benders Landing was $1,172,500 in April 2024, up 5.2% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $855K | $805K | -5.8% |
| 4 Bedrooms | $1.0M | $1.1M | +10.0% |
| 5+ Bedrooms | $1.3M | $1.2M | -9.3% |
Summary: Benders Landing 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 did not change, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 9.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Benders Landing | $1.1M | $1.1M | +5.2% |
| Woodson's Reserve | $655K | $628K | -4.1% |
Housing Supply in Benders Landing, TX
How many homes are available in Benders Landing, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 49 | +22.5% |
Summary: The Benders Landing real estate market had 49 homes for sale in April 2024, a 22.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 19 | 27 | +42.1% |
| 5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The Benders Landing 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 decreased by 25%, 4 bedroom homes increased by 42.1%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Benders Landing, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Benders Landing in April 2024, up by 28.6% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Benders Landing, TX
How long does it take to sell a home in Benders Landing, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 75 Days | 37 Days | -50.6% |
Summary: Homes in Benders Landing had an average of 37 days on market in Apr 2024, down by 50.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Benders Landing are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Benders Landing; 78% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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