Is Downtown / The Hill, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Downtown / The Hill was a Seller's Market.
Housing Prices in Downtown / The Hill, TX
How much do homes in Downtown / The Hill, TX cost?
Median Sold Price
$429,500
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Downtown / The Hill was $429,500 in April 2024, up 4% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | $235K | -20.3% |
2 Bedrooms | $383.1K | $345K | -9.9% |
3 Bedrooms | $422K | $435K | +3.1% |
4 Bedrooms | $539.9K | $544K | +0.8% |
5+ Bedrooms | $665K | $614.9K | -7.5% |
Summary: Downtown / The Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.3%, 2 bedroom homes decreased by 9.9%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 7.5%.
Housing Supply in Downtown / The Hill, TX
How many homes are available in Downtown / The Hill, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
110 | 144 | +30.9% |
Summary: The Downtown / The Hill real estate market had 144 homes for sale in April 2024, a 30.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 29 | 32 | +10.3% |
3 Bedrooms | 56 | 78 | +39.3% |
4 Bedrooms | 13 | 20 | +53.8% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Downtown / The Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 39.3%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 14 | +55.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Downtown / The Hill in April 2024, up by 55.6% month-over-month. Of the 14 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% were sold over asking.
Days on Market for Downtown / The Hill, TX
How long does it take to sell a home in Downtown / The Hill, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 64 Days | -5.1% |
Summary: Homes in Downtown / The Hill had an average of 64 days on market in Apr 2024, down by 5.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Downtown / The Hill; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.