Is Greater Gardendale, 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, Greater Gardendale was a Seller's Market.
Key Takeaway
Greater Gardendale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Greater Gardendale, TX
How much do homes in Greater Gardendale, TX cost?
Median Sold Price
$170,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Greater Gardendale have sold for 19.3% more than they did a year ago.
Summary: The median home sold price in Greater Gardendale was $170,000 in April 2024, up 19.3% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $61.5K | -56.1% |
| 2 Bedrooms | $85K | $100K | +17.6% |
| 3 Bedrooms | $160K | $177.5K | +10.9% |
| 4 Bedrooms | $304.9K | $187.5K | -38.5% |
| 5+ Bedrooms | $354.9K | $356.9K | +0.6% |
Summary: Greater Gardendale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.1%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Prospect Hill | $146.5K | $200K | +36.5% |
| Greater Gardendale | $142.5K | $170K | +19.3% |
| Brady Gardens | $167.5K | $183.5K | +9.6% |
Housing Supply in Greater Gardendale, TX
How many homes are available in Greater Gardendale, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 35 | +6.1% |
Summary: The Greater Gardendale real estate market had 35 homes for sale in April 2024, a 6.1% 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 | 25 | 25 | 0.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Greater Gardendale 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greater Gardendale, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Greater Gardendale in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Greater Gardendale, TX
How long does it take to sell a home in Greater Gardendale, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 100 Days | 107 Days | +7.1% |
Summary: Homes in Greater Gardendale had an average of 107 days on market in Apr 2024, up by 7.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Greater Gardendale are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 3 homes were sold in Greater Gardendale; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.