Is Granite Shoals, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Granite Shoals was a Seller's Market.
Housing Prices in Granite Shoals, TX
How much do homes in Granite Shoals, TX cost?
Median Sold Price
$320,750
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Granite Shoals was $320,750 in March 2024, down 17.9% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $206.4K | $202.5K | -1.9% |
2 Bedrooms | $427.5K | $265K | -38.0% |
3 Bedrooms | $386K | $320K | -17.1% |
4 Bedrooms | $495K | $1.3M | +175.6% |
5+ Bedrooms | - | $2.1M | N/A |
Summary: Granite Shoals housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes decreased by 38%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes increased by 175.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Llano South | $643.5K | $749.5K | +16.5% |
Granite Shoals | $390.5K | $320.7K | -17.9% |
Housing Supply in Granite Shoals, TX
How many homes are available in Granite Shoals, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 51 | +34.2% |
Summary: The Granite Shoals real estate market had 51 homes for sale in March 2024, a 34.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 26 | 32 | +23.1% |
4 Bedrooms | 3 | 7 | +133.3% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Granite Shoals housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Granite Shoals in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Granite Shoals, TX
How long does it take to sell a home in Granite Shoals, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 26 Days | -45.8% |
Summary: Homes in Granite Shoals had an average of 26 days on market in Mar 2024, down by 45.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Granite Shoals; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.