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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Grange West is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in La Grange West, TX

How much do homes in La Grange West, TX cost?

Median Sold Price

$405,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$40,000(-9.0%)

Key Takeaway

Homes in La Grange West have sold for 9% less than they did a year ago.

Summary: The median home sold price in La Grange West was $405,000 in April 2024, down 9% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $285K$295K
+3.5%
3 $430K$400K
-7.0%
4 $865K$739K
-14.6%
5+ --
N/A

Summary: La Grange West 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 3.5%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 14.6%, 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 West, TX

How many homes are available in La Grange West, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2426+8.3%

Summary: The La Grange West real estate market had 26 homes for sale in April 2024, a 8.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 1312
-7.7%
4 23
+50.0%
5+ 67
+16.7%

Summary: The La Grange West housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 West, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in La Grange West in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for La Grange West, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
30 Days142 Days+373.3%

Summary: Homes in La Grange West had an average of 142 days on market in Apr 2024, up by 373.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in La Grange West are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in La Grange West; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 3 Days Ago

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