Is Greater OST / South Union, 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 OST / South Union was a Seller's Market.
Housing Prices in Greater OST / South Union, TX
How much do homes in Greater OST / South Union, TX cost?
Median Sold Price
$250,000
$162/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in Greater OST / South Union was $250,000 in April 2024, the same as last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $474K | - | N/A |
2 Bedrooms | $137.5K | $130K | -5.5% |
3 Bedrooms | $324K | $292K | -9.9% |
4 Bedrooms | $247.5K | $247K | -0.2% |
5+ Bedrooms | $372.5K | $340K | -8.7% |
Summary: Greater OST / South Union 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 decreased by 5.5%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 8.7%.
Median Sold Price Compared To Nearby Neighborhoods
Macgregor | $374.9K | $382K | +1.9% |
Greater OST / South Union | $250K | $250K | 0.0% |
South Park | $179.4K | $175K | -2.5% |
Southcrest | $183.5K | $167.5K | -8.7% |
Housing Supply in Greater OST / South Union, TX
How many homes are available in Greater OST / South Union, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
153 | 181 | +18.3% |
Summary: The Greater OST / South Union real estate market had 181 homes for sale in April 2024, a 18.3% 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 | 12 | 18 | +50.0% |
3 Bedrooms | 122 | 141 | +15.6% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Greater OST / South Union 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 increased by 50%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 18 | -35.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Greater OST / South Union in April 2024, down by 35.7% month-over-month. Of the 18 sold homes, 56% were sold under asking, 28% were sold at asking, and 17% were sold over asking.
Days on Market for Greater OST / South Union, TX
How long does it take to sell a home in Greater OST / South Union, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 32 Days | -14.3% |
Summary: Homes in Greater OST / South Union had an average of 32 days on market in Apr 2024, down by 14.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Greater OST / South Union; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.