Is Manchaca, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Manchaca has remained a Seller's Market.
Housing Prices in Manchaca, TX
How much do homes in Manchaca, TX cost?
Median Sold Price
$500,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Manchaca was $500,000 in March 2024, down 9.1% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $420K | N/A |
3 Bedrooms | $500K | $450K | -10.0% |
4 Bedrooms | $618.9K | $536.7K | -13.3% |
5+ Bedrooms | $820K | $557.4K | -32.0% |
Summary: Manchaca 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 did not change, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 32%.
Housing Supply in Manchaca, TX
How many homes are available in Manchaca, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 34 | +41.7% |
Summary: The Manchaca real estate market had 34 homes for sale in March 2024, a 41.7% 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 | 0 | -100.0% |
3 Bedrooms | 16 | 21 | +31.3% |
4 Bedrooms | 6 | 10 | +66.7% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Manchaca 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 decreased by 100%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Manchaca in March 2024, up by 133.3% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for Manchaca, TX
How long does it take to sell a home in Manchaca, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
81 Days | 51 Days | -36.5% |
Summary: Homes in Manchaca had an average of 51 days on market in Mar 2024, down by 36.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Manchaca; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.