Is Devine-Natalia, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Devine-Natalia is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Devine-Natalia was a Seller's Market.

Key Takeaway

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

Housing Prices in Devine-Natalia, TX

How much do homes in Devine-Natalia, TX cost?

Median Sold Price

$315,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$8,000(+2.6%)

Key Takeaway

Homes in Devine-Natalia have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Devine-Natalia was $315,000 in April 2024, up 2.6% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$215K
N/A
2 $163K$160K
-1.8%
3 $268.9K$315K
+17.1%
4 $400K$387.5K
-3.1%
5+ $494.5K$425K
-14.1%

Summary: Devine-Natalia 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 decreased by 1.8%, 3 bedroom homes increased by 17.1%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 14.1%.

Median Sold Price Compared To Nearby Cities

Devine
+16.1%
Devine-Natalia
+2.6%

Housing Supply in Devine-Natalia, TX

How many homes are available in Devine-Natalia, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8187+7.4%

Summary: The Devine-Natalia real estate market had 87 homes for sale in April 2024, a 7.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 88
0.0%
3 4246
+9.5%
4 2325
+8.7%
5+ 66
0.0%

Summary: The Devine-Natalia 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 increased by 9.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
89+12.5%

Asking Price vs. Sold Price

7 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 Devine-Natalia, 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 Devine-Natalia in April 2024, up by 12.5% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.

Days on Market for Devine-Natalia, TX

How long does it take to sell a home in Devine-Natalia, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
113 Days122 Days+8.7%

Summary: Homes in Devine-Natalia had an average of 122 days on market in Apr 2024, up by 8.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Devine-Natalia are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 9 homes were sold in Devine-Natalia; 11% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 56% 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 4 Days Ago

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