Is Grogan's Mill, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Grogan's Mill has remained a Seller's Market.
Housing Prices in Grogan's Mill, TX
How much do homes in Grogan's Mill, TX cost?
Median Sold Price
$432,500
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Grogan's Mill was $432,500 in April 2024, up 8.1% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $500K | $307K | -38.6% |
3 Bedrooms | $324.3K | $340K | +4.8% |
4 Bedrooms | $480K | $649K | +35.2% |
5+ Bedrooms | $1.1M | $1.0M | -6.5% |
Summary: Grogan's Mill 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 38.6%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 35.2%, and 5+ bedroom homes decreased by 6.5%.
Median Sold Price Compared To Nearby Neighborhoods
East Shore | $855K | $1.2M | +42.7% |
Grogan's Mill | $400K | $432.5K | +8.1% |
The Woodlands | $519.8K | $529K | +1.8% |
Panther Creek | $418K | $405K | -3.1% |
Housing Supply in Grogan's Mill, TX
How many homes are available in Grogan's Mill, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 73 | +2.8% |
Summary: The Grogan's Mill real estate market had 73 homes for sale in April 2024, a 2.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 26 | 27 | +3.8% |
4 Bedrooms | 26 | 30 | +15.4% |
5+ Bedrooms | 14 | 11 | -21.4% |
Summary: The Grogan's Mill 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 increased by 3.8%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 22 | +22.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Grogan's Mill in April 2024, up by 22.2% month-over-month. Of the 22 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.
Days on Market for Grogan's Mill, TX
How long does it take to sell a home in Grogan's Mill, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 31 Days | -1.8% |
Summary: Homes in Grogan's Mill had an average of 31 days on market in Apr 2024, down by 1.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Grogan's Mill; 59% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.