Is Hedwig Village, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hedwig Village is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hedwig Village has remained a Seller's Market.

Key Takeaway

Hedwig Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hedwig Village, TX

How much do homes in Hedwig Village, TX cost?

Median Sold Price

$174,250

$171/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$463,250(-72.7%)

Key Takeaway

Homes in Hedwig Village have sold for 72.7% less than they did a month ago.

Summary: The median home sold price in Hedwig Village was $174,250 in September 2024, down 72.7% from last month, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 -$128.5K
N/A
2 --
N/A
3 $175K$220K
+25.7%
4 $1.1M-
N/A
5+ --
N/A

Summary: Hedwig Village housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 25.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hedwig Village, TX

How many homes are available in Hedwig Village, TX?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
990.0%

Summary: The Hedwig Village real estate market had 9 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 12
+100.0%
2 00
0.0%
3 21
-50.0%
4 32
-33.3%
5+ 34
+33.3%

Summary: The Hedwig Village housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hedwig Village, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Hedwig Village in September 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hedwig Village, TX

How long does it take to sell a home in Hedwig Village, TX?

Average Sale Time

Aug 2024Sep 2024CHANGE
60 Days27 Days-54.5%

Summary: Homes in Hedwig Village had an average of 27 days on market in Sep 2024, down by 54.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hedwig Village are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 2 homes were sold in Hedwig Village; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

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