Is Ingram, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ingram is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Ingram was a Seller's Market.

Key Takeaway

Ingram is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ingram, TX

How much do homes in Ingram, TX cost?

Median Sold Price

$385,000

$313/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$197,500(-33.9%)

Key Takeaway

Homes in Ingram have sold for 33.9% less than they did a year ago.

Summary: The median home sold price in Ingram was $385,000 in May 2024, down 33.9% from last year, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $322K$259.9K
-19.3%
3 $565K$355K
-37.2%
4 $701K$829.5K
+18.3%
5+ $1.0M-
N/A

Summary: Ingram housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.3%, 3 bedroom homes decreased by 37.2%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes did not change.

Housing Supply in Ingram, TX

How many homes are available in Ingram, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1622+37.5%

Summary: The Ingram real estate market had 22 homes for sale in May 2024, a 37.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 02
+100.0%
3 1112
+9.1%
4 36
+100.0%
5+ 11
0.0%

Summary: The Ingram housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
02+100.0%

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 Ingram, 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 Ingram in May 2024, up by 100.0% month-over-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 Ingram, TX

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

Average Sale Time

May 2023May 2024CHANGE
116 Days160 Days+38.4%

Summary: Homes in Ingram had an average of 160 days on market in May 2024, up by 38.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ingram has remained consistent over time.

Summary: During May 2024, 2 homes were sold in Ingram; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 1 Day Ago

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