Is Estates / Mission Hills, 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, Estates / Mission Hills was a Seller's Market.
Housing Prices in Estates / Mission Hills, TX
How much do homes in Estates / Mission Hills, TX cost?
Median Sold Price
$269,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Estates / Mission Hills was $269,000 in April 2024, down 2.2% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $105K | $152.5K | +45.2% |
3 Bedrooms | $272.5K | $253K | -7.2% |
4 Bedrooms | $317K | $280K | -11.7% |
5+ Bedrooms | $325K | $300.5K | -7.5% |
Summary: Estates / Mission 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 increased by 45.2%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Neighborhoods
Estates / Mission Hills | $275K | $269K | -2.2% |
Mustang Valley | $286.2K | $256.4K | -10.4% |
Housing Supply in Estates / Mission Hills, TX
How many homes are available in Estates / Mission Hills, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 34 | +9.7% |
Summary: The Estates / Mission Hills real estate market had 34 homes for sale in April 2024, a 9.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 22 | 23 | +4.5% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Estates / Mission 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 increased by 4.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Estates / Mission Hills in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Estates / Mission Hills, TX
How long does it take to sell a home in Estates / Mission Hills, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
81 Days | 117 Days | +44.9% |
Summary: Homes in Estates / Mission Hills had an average of 117 days on market in Apr 2024, up by 44.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Estates / Mission Hills; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.