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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blackhawk is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Blackhawk has remained a Buyer's Market.

Key Takeaway

Blackhawk is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Blackhawk, TX

How much do homes in Blackhawk, TX cost?

Median Sold Price

$560,000

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$30,000(-5.1%)

Key Takeaway

Homes in Blackhawk have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in Blackhawk was $560,000 in April 2024, down 5.1% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $480K$465K
-3.1%
4 $612.8K$585K
-4.5%
5+ $725K$689.8K
-4.9%

Summary: Blackhawk 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 3.1%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 4.9%.

Median Sold Price Compared To Nearby Neighborhoods

Lakeside at Blackhawk
+13.1%
Blackhawk
-5.1%

Housing Supply in Blackhawk, TX

How many homes are available in Blackhawk, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4360+39.5%

Summary: The Blackhawk real estate market had 60 homes for sale in April 2024, a 39.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 98
-11.1%
4 2539
+56.0%
5+ 913
+44.4%

Summary: The Blackhawk 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 11.1%, 4 bedroom homes increased by 56%, and 5+ bedroom homes increased by 44.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blackhawk, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Blackhawk in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for Blackhawk, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days49 Days+65.2%

Summary: Homes in Blackhawk had an average of 49 days on market in Apr 2024, up by 65.2% compared to last year.

Breakdown of Home Sale Times

4 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

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

Summary: During April 2024, 7 homes were sold in Blackhawk; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 2 Days Ago

Newest Listings in Blackhawk, TX

Nearby Markets to Blackhawk, TX