Is Giddings, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Giddings is a buyer's market

Buyer's
Market

Difference Since September 2023

Since last year, Giddings has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Giddings, TX

How much do homes in Giddings, TX cost?

Median Sold Price

$310,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$55,000(+21.6%)

Key Takeaway

Homes in Giddings have sold for 21.6% more than they did a year ago.

Summary: The median home sold price in Giddings was $310,000 in September 2024, up 21.6% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $199K$200K
0.5%
2 $170K$250K
+47.1%
3 $274.5K$318K
+15.8%
4 $362.5K$395K
+9.0%
5+ -$250K
N/A

Summary: Giddings housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes increased by 47.1%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 9%, and 5+ bedroom homes did not change.

Housing Supply in Giddings, TX

How many homes are available in Giddings, TX?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3837-2.6%

Summary: The Giddings real estate market had 37 homes for sale in September 2024, a 2.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 85
-37.5%
3 1919
0.0%
4 68
+33.3%
5+ 55
0.0%

Summary: The Giddings housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Giddings, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Giddings in September 2024, down by 42.9% month-over-month. Of the 4 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% were sold over asking.

Days on Market for Giddings, TX

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

Average Sale Time

Sep 2023Sep 2024CHANGE
75 Days142 Days+90.0%

Summary: Homes in Giddings had an average of 142 days on market in Sep 2024, up by 90% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Giddings has remained consistent over time.

Summary: During September 2024, 4 homes were sold in Giddings; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

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