Is Macgregor, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Macgregor was a Seller's Market.
Housing Prices in Macgregor, TX
How much do homes in Macgregor, TX cost?
Median Sold Price
$382,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Macgregor was $382,000 in April 2024, up 1.9% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $247K | $301.4K | +22.0% |
2 Bedrooms | $340K | $352.5K | +3.7% |
3 Bedrooms | $395K | $392.5K | -0.6% |
4 Bedrooms | $535K | $505K | -5.6% |
5+ Bedrooms | $1.2M | $620K | -51.4% |
Summary: Macgregor housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22%, 2 bedroom homes increased by 3.7%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 51.4%.
Median Sold Price Compared To Nearby Neighborhoods
South Central Houston | $420.3K | $434.9K | +3.5% |
Macgregor | $374.9K | $382K | +1.9% |
Greater OST / South Union | $250K | $250K | 0.0% |
Greater Third Ward | $409.9K | $400K | -2.4% |
Housing Supply in Macgregor, TX
How many homes are available in Macgregor, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 102 | +25.9% |
Summary: The Macgregor real estate market had 102 homes for sale in April 2024, a 25.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 13 | +18.2% |
2 Bedrooms | 12 | 16 | +33.3% |
3 Bedrooms | 33 | 43 | +30.3% |
4 Bedrooms | 19 | 19 | 0.0% |
5+ Bedrooms | 6 | 11 | +83.3% |
Summary: The Macgregor housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 30.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 83.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Macgregor in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Macgregor, TX
How long does it take to sell a home in Macgregor, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 48 Days | +25.9% |
Summary: Homes in Macgregor had an average of 48 days on market in Apr 2024, up by 25.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Macgregor; 56% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.