Is La Vernia, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, La Vernia has remained a Buyer's Market.
Housing Prices in La Vernia, TX
How much do homes in La Vernia, TX cost?
Median Sold Price
$538,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in La Vernia was $538,000 in April 2024, up 3.5% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $235K | $378.7K | +61.2% |
3 Bedrooms | $436.1K | $450K | +3.2% |
4 Bedrooms | $557.4K | $554.5K | -0.5% |
5+ Bedrooms | $585K | $703K | +20.2% |
Summary: La Vernia 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 61.2%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 20.2%.
Housing Supply in La Vernia, TX
How many homes are available in La Vernia, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
129 | 134 | +3.9% |
Summary: The La Vernia real estate market had 134 homes for sale in April 2024, a 3.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 49 | 53 | +8.2% |
4 Bedrooms | 72 | 73 | +1.4% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The La Vernia 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 remained the same, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 13 | -18.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in La Vernia in April 2024, down by 18.8% month-over-month. Of the 12 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for La Vernia, TX
How long does it take to sell a home in La Vernia, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
87 Days | 98 Days | +11.9% |
Summary: Homes in La Vernia had an average of 98 days on market in Apr 2024, up by 11.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in La Vernia; 31% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.