Is La Grange, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Grange is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in La Grange, TX

How much do homes in La Grange, TX cost?

Median Sold Price

$366,250

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$25,500(+7.5%)

Key Takeaway

Homes in La Grange have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in La Grange was $366,250 in April 2024, up 7.5% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$450K
N/A
2 $198.7K$290K
+45.9%
3 $349.5K$332.5K
-4.9%
4 $485.7K$739K
+52.2%
5+ -$482K
N/A

Summary: La Grange 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 increased by 45.9%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 52.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

La Grange
+7.5%
La Grange West
-9.0%

Housing Supply in La Grange, TX

How many homes are available in La Grange, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7280+11.1%

Summary: The La Grange real estate market had 80 homes for sale in April 2024, a 11.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 23
+50.0%
2 1213
+8.3%
3 3437
+8.8%
4 1517
+13.3%
5+ 910
+11.1%

Summary: The La Grange housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

8 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 La Grange, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in La Grange in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for La Grange, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
54 Days86 Days+58.6%

Summary: Homes in La Grange had an average of 86 days on market in Apr 2024, up by 58.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 8 homes were sold in La Grange; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% 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 22 Days Ago

Newest Listings in La Grange, TX

Nearby Markets to La Grange, TX

What housing markets are near La Grange, TX?