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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kyle is a neutral's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

Kyle is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Kyle, TX cost?

Median Sold Price

$375,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$64,571(+20.8%)

Key Takeaway

Homes in Kyle have sold for 20.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 -$295K
N/A
2 $248K$300K
+21.0%
3 $300K$360K
+20.0%
4 $332.2K$400.3K
+20.5%
5+ $385K$460K
+19.5%

Median Sold Price Compared To Nearby Cities

San Marcos
+26.4%
Kyle
+20.8%
Kyle-Buda
+17.9%

How many homes are available in Kyle, TX?

Number of Homes For Sale

Aug 2022Sep 2022%
258261+1.2%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 10
-100.0%
2 45
+25.0%
3 153159
+3.9%
4 9390
-3.2%
5+ 77
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
6542-35.4%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kyle, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
11 Days39 Days+250.4%

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Kyle, TX

There are 261 homes are for sale in Kyle, TX real estate market. In September 2022 in Kyle, TX there were 1.2% more homes for sale than in August 2022. The median list price of listings available in September 2022 was $375,000, while the average time on the real estate market was 39 days. Real estate listing prices changed between August 2022 and September 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 21%, 3 bedrooms properties prices increased by 20%, the cost of 4 bedrooms properties went up by 20.5%, prices of 5 bedrooms properties went up by 19.5%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory decreased by 100%, number of 2 bedrooms homes increased by 25%, 3 bedrooms homes inventory increased by 3.9%, 4 bedrooms homes inventory decreased by 3.2%, 5 bedrooms homes did not move. Over 4 listings were sold over their listed price in September 2022 in Kyle, TX. In the same period over 28 listings were sold below the listed price and 10 listings were sold for the listed price.

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