Is Live Oak, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Live Oak was a Seller's Market.
Housing Prices in Live Oak, TX
How much do homes in Live Oak, TX cost?
Median Sold Price
$275,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Live Oak was $275,000 in March 2024, down 0.7% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $232.7K | $267K | +14.7% |
3 Bedrooms | $265K | $268.7K | +1.4% |
4 Bedrooms | $312.7K | $302.5K | -3.3% |
5+ Bedrooms | $361K | $386.3K | +7.0% |
Summary: Live Oak housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Cities
Selma | $317K | $317K | 0.0% |
Live Oak | $277K | $275K | -0.7% |
Converse | $270.9K | $268.4K | -0.9% |
Universal City | $299K | $290K | -3.0% |
San Antonio Northeast | $269.5K | $260K | -3.5% |
Housing Supply in Live Oak, TX
How many homes are available in Live Oak, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
68 | 72 | +5.9% |
Summary: The Live Oak real estate market had 72 homes for sale in March 2024, a 5.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 48 | 47 | -2.1% |
4 Bedrooms | 19 | 22 | +15.8% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Live Oak housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 9 | -35.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Live Oak in March 2024, down by 35.7% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 78 Days | +55.0% |
Summary: Homes in Live Oak had an average of 78 days on market in Mar 2024, up by 55% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Live Oak; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.