Is Live Oak, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Live Oak is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Live Oak has remained a Seller's Market.

Key Takeaway

Live Oak is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Live Oak, TX

How much do homes in Live Oak, TX cost?

Median Sold Price

$275,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$3,700(-1.3%)

Key Takeaway

Homes in Live Oak have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in Live Oak was $275,000 in April 2024, down 1.3% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $255.5K$267K
+4.5%
3 $265K$270K
+1.9%
4 $313.8K$295K
-6.0%
5+ $361K$390.2K
+8.1%

Summary: Live Oak 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 4.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

Selma
0.3%
Live Oak
-1.3%
Converse
-1.4%
San Antonio Northeast
-3.3%
Universal City
-8.2%

Housing Supply in Live Oak, TX

How many homes are available in Live Oak, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6880+17.6%

Summary: The Live Oak real estate market had 80 homes for sale in April 2024, a 17.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 4656
+21.7%
4 1919
0.0%
5+ 24
+100.0%

Summary: The Live Oak 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 21.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1017+70.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Live Oak, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Live Oak in April 2024, up by 70.0% month-over-month. Of the 17 sold homes, 53% were sold under asking, 29% were sold at asking, and 18% were sold over asking.

Days on Market for Live Oak, TX

How long does it take to sell a home in Live Oak, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
51 Days75 Days+46.8%

Summary: Homes in Live Oak had an average of 75 days on market in Apr 2024, up by 46.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Live Oak has remained consistent over time.

Summary: During April 2024, 17 homes were sold in Live Oak; 35% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 24% 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 10 Days Ago

Newest Listings in Live Oak, TX

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