Is Gilchrist, 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, Gilchrist was a Neutral Market.
Housing Prices in Gilchrist, TX
How much do homes in Gilchrist, TX cost?
Median Sold Price
$449,999
$396/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gilchrist was $449,999 in April 2024, up 21.6% from last year, and the median price per square foot was $396.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $247.5K | $255.7K | +3.3% |
2 Bedrooms | $292.9K | $346.1K | +18.2% |
3 Bedrooms | $600K | $443.4K | -26.1% |
4 Bedrooms | - | $703K | N/A |
5+ Bedrooms | $862.4K | $850K | -1.4% |
Summary: Gilchrist housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 26.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
Gilchrist | $370K | $449.9K | +21.6% |
Port Bolivar | $542.5K | $510K | -6.0% |
Bolivar Peninsula | $535K | $500K | -6.5% |
Housing Supply in Gilchrist, TX
How many homes are available in Gilchrist, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 32 | +28.0% |
Summary: The Gilchrist real estate market had 32 homes for sale in April 2024, a 28.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 5 | 9 | +80.0% |
3 Bedrooms | 12 | 15 | +25.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Gilchrist housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 80%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Gilchrist in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Gilchrist, TX
How long does it take to sell a home in Gilchrist, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 128 Days | +137.0% |
Summary: Homes in Gilchrist had an average of 128 days on market in Apr 2024, up by 137% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Gilchrist; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.