Is Kyle, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Kyle has remained a Seller's Market.
Housing Prices in Kyle, TX
How much do homes in Kyle, TX cost?
Median Sold Price
$350,769
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Kyle was $350,769 in March 2024, down 5.4% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | - | N/A |
2 Bedrooms | $290.6K | $289K | -0.6% |
3 Bedrooms | $350.3K | $320K | -8.7% |
4 Bedrooms | $400K | $395.6K | -1.1% |
5+ Bedrooms | $448.4K | $440.2K | -1.8% |
Summary: Kyle housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.6%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 1.8%.
Median Sold Price Compared To Nearby Cities
Kyle | $370.7K | $350.7K | -5.4% |
Kyle-Buda | $410K | $375K | -8.5% |
Housing Supply in Kyle, TX
How many homes are available in Kyle, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
351 | 395 | +12.5% |
Summary: The Kyle real estate market had 395 homes for sale in March 2024, a 12.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 151 | 171 | +13.2% |
4 Bedrooms | 180 | 198 | +10.0% |
5+ Bedrooms | 17 | 22 | +29.4% |
Summary: The Kyle housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 29.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 70 | +16.7% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 70 homes were sold or pending in Kyle in March 2024, up by 16.7% month-over-month. Of the 70 sold homes, 67% were sold under asking, 21% were sold at asking, and 11% were sold over asking.
Days on Market for Kyle, TX
How long does it take to sell a home in Kyle, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
73 Days | 73 Days | 0.3% |
Summary: Homes in Kyle had an average of 73 days on market in Mar 2024, up by 0.3% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During March 2024, 70 homes were sold in Kyle; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.