Is Carriage Hills, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carriage Hills is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Carriage Hills was a Neutral Market.

Key Takeaway

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

Housing Prices in Carriage Hills, TX

How much do homes in Carriage Hills, TX cost?

Median Sold Price

$394,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$31,000(-7.3%)

Key Takeaway

Homes in Carriage Hills have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in Carriage Hills was $394,000 in April 2024, down 7.3% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 -$393K
N/A
3 $424.9K$375K
-11.7%
4 $456.2K$433.5K
-5.0%
5+ -$513K
N/A

Summary: Carriage Hills 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 11.7%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

The Villages at Carriage Hills
-6.4%
Trails at Carriage Hills
-6.7%
Carriage Hills
-7.3%
Crossings at Carriage Hills
-14.3%

Housing Supply in Carriage Hills, TX

How many homes are available in Carriage Hills, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2630+15.4%

Summary: The Carriage Hills real estate market had 30 homes for sale in April 2024, a 15.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1616
0.0%
4 914
+55.6%
5+ 10
-100.0%

Summary: The Carriage Hills 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 increased by 55.6%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carriage Hills, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Carriage Hills in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Carriage Hills, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
183 Days14 Days-92.4%

Summary: Homes in Carriage Hills had an average of 14 days on market in Apr 2024, down by 92.4% compared to last year.

Breakdown of Home Sale Times

7 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 Carriage Hills are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in Carriage Hills; 88% of homes were sold within 30 days, 13% 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 10 Days Ago

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