Is Lytle, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lytle is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Lytle was a Seller's Market.

Key Takeaway

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

Housing Prices in Lytle, TX

How much do homes in Lytle, TX cost?

Median Sold Price

$378,900

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$16,100(-4.1%)

Key Takeaway

Homes in Lytle have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Lytle was $378,900 in March 2024, down 4.1% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $189K$158K
-16.4%
3 $230K$365K
+58.7%
4 $465K$449K
-3.4%
5+ $535K$650K
+21.5%

Summary: Lytle 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 decreased by 16.4%, 3 bedroom homes increased by 58.7%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 21.5%.

Median Sold Price Compared To Nearby Cities

Devine-Natalia
-2.9%
San Antonio South
-3.1%
San Antonio West
-3.2%
Lytle
-4.1%

Housing Supply in Lytle, TX

How many homes are available in Lytle, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2526+4.0%

Summary: The Lytle real estate market had 26 homes for sale in March 2024, a 4.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1112
+9.1%
4 1111
0.0%
5+ 10
-100.0%

Summary: The Lytle 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 increased by 50%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lytle, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lytle in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Lytle, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
150 Days26 Days-82.7%

Summary: Homes in Lytle had an average of 26 days on market in Mar 2024, down by 82.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lytle are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Lytle; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 24 Days Ago

Newest Listings in Lytle, TX

Nearby Markets to Lytle, TX

What housing markets are near Lytle, TX?