Is Block House Creek, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Block House Creek is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Block House Creek has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Block House Creek, TX

How much do homes in Block House Creek, TX cost?

Median Sold Price

$382,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$58,950(-13.4%)

Key Takeaway

Homes in Block House Creek have sold for 13.4% less than they did a year ago.

Summary: The median home sold price in Block House Creek was $382,000 in April 2024, down 13.4% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $427.5K$373.9K
-12.5%
4 $465K$405.5K
-12.8%
5+ $625K$425K
-32.0%

Summary: Block House Creek 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 12.5%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 32%.

Median Sold Price Compared To Nearby Neighborhoods

Ridgewood
0.0%
Block House Creek
-13.4%
Horizon Park
-14.7%

Housing Supply in Block House Creek, TX

How many homes are available in Block House Creek, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2421-12.5%

Summary: The Block House Creek real estate market had 21 homes for sale in April 2024, a 12.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1313
0.0%
4 85
-37.5%
5+ 22
0.0%

Summary: The Block House Creek 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 remained the same, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Block House Creek, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Block House Creek in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for Block House Creek, TX

How long does it take to sell a home in Block House Creek, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
25 Days12 Days-52.5%

Summary: Homes in Block House Creek had an average of 12 days on market in Apr 2024, down by 52.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 6 homes were sold in Block House Creek; 100% of homes were sold within 30 days, 0% 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 11 Days Ago

Newest Listings in Block House Creek, TX

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