Is Madisonville, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Madisonville has remained a Buyer's Market.
Housing Prices in Madisonville, TX
How much do homes in Madisonville, TX cost?
Median Sold Price
$275,000
$137/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Madisonville was $275,000 in April 2024, up 1.9% from last month, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $270K | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $266.2K | N/A |
4 Bedrooms | - | $255K | N/A |
5+ Bedrooms | - | $665K | N/A |
Summary: Madisonville housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Madisonville, TX
How many homes are available in Madisonville, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 31 | 0.0% |
Summary: The Madisonville real estate market had 31 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Madisonville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Madisonville in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Madisonville, TX
How long does it take to sell a home in Madisonville, TX?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 49 Days | -2.5% |
Summary: Homes in Madisonville had an average of 49 days on market in Apr 2024, down by 2.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Madisonville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.