Is Imperial Oaks, 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, Imperial Oaks has remained a Seller's Market.
Housing Prices in Imperial Oaks, TX
How much do homes in Imperial Oaks, TX cost?
Median Sold Price
$389,300
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Imperial Oaks was $389,300 in April 2024, up 4.9% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $220K | N/A |
3 Bedrooms | $323.4K | $315K | -2.6% |
4 Bedrooms | $386.2K | $419K | +8.5% |
5+ Bedrooms | $557K | $641.1K | +15.1% |
Summary: Imperial Oaks 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 did not change, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 15.1%.
Housing Supply in Imperial Oaks, TX
How many homes are available in Imperial Oaks, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
80 | 97 | +21.3% |
Summary: The Imperial Oaks real estate market had 97 homes for sale in April 2024, a 21.3% 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 | 1 | 0 | -100.0% |
3 Bedrooms | 26 | 30 | +15.4% |
4 Bedrooms | 48 | 60 | +25.0% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Imperial Oaks 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 decreased by 100%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 25 | +19.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Imperial Oaks in April 2024, up by 19.0% month-over-month. Of the 25 sold homes, 60% were sold under asking, 28% were sold at asking, and 12% were sold over asking.
Days on Market for Imperial Oaks, TX
How long does it take to sell a home in Imperial Oaks, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 32 Days | -33.1% |
Summary: Homes in Imperial Oaks had an average of 32 days on market in Apr 2024, down by 33.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Imperial Oaks; 60% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.