Is La Grange, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, La Grange has remained a Buyer's Market.
Housing Prices in La Grange, TX
How much do homes in La Grange, TX cost?
Median Sold Price
$357,500
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in La Grange was $357,500 in June 2024, down 2.7% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $450K | N/A |
2 Bedrooms | $217.2K | $285K | +31.2% |
3 Bedrooms | $372.5K | $355K | -4.7% |
4 Bedrooms | $567.5K | $488.2K | -14.0% |
5+ Bedrooms | $742.5K | $479K | -35.5% |
Summary: La Grange housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.2%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes decreased by 35.5%.
Housing Supply in La Grange, TX
How many homes are available in La Grange, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
76 | 89 | +17.1% |
Summary: The La Grange real estate market had 89 homes for sale in June 2024, a 17.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 18 | +20.0% |
3 Bedrooms | 36 | 44 | +22.2% |
4 Bedrooms | 15 | 17 | +13.3% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The La Grange housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in La Grange in June 2024, up by 33.3% month-over-month. Of the 4 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
81 Days | 129 Days | +58.9% |
Summary: Homes in La Grange had an average of 129 days on market in Jun 2024, up by 58.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 4 homes were sold in La Grange; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.