Is Del Valle, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Del Valle is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Del Valle was a Seller's Market.

Key Takeaway

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

Housing Prices in Del Valle, TX

How much do homes in Del Valle, TX cost?

Median Sold Price

$316,020

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$47,980(-13.2%)

Key Takeaway

Homes in Del Valle have sold for 13.2% less than they did a year ago.

Summary: The median home sold price in Del Valle was $316,020 in March 2024, down 13.2% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 -$450K
N/A
3 $353.7K$304K
-14.1%
4 $392K$342.5K
-12.6%
5+ $412.7K$350K
-15.2%

Summary: Del Valle housing prices by bedroom type for March 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 14.1%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes decreased by 15.2%.

Median Sold Price Compared To Nearby Cities

Dale
+26.3%
Cedar Creek-Red Rock
-4.3%
Austin
-4.5%
Del Valle
-13.2%

Housing Supply in Del Valle, TX

How many homes are available in Del Valle, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6670+6.1%

Summary: The Del Valle real estate market had 70 homes for sale in March 2024, a 6.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 22
0.0%
3 3740
+8.1%
4 2020
0.0%
5+ 56
+20.0%

Summary: The Del Valle housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
126-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Del Valle, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Del Valle in March 2024, down by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Del Valle, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
57 Days58 Days+1.7%

Summary: Homes in Del Valle had an average of 58 days on market in Mar 2024, up by 1.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 6 homes were sold in Del Valle; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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 25 Days Ago

Newest Listings in Del Valle, TX

Nearby Markets to Del Valle, TX

What housing markets are near Del Valle, TX?