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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manor is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Manor has remained a Seller's Market.

Key Takeaway

Manor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Manor, TX

How much do homes in Manor, TX cost?

Median Sold Price

$351,200

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$8,800(-2.4%)

Key Takeaway

Homes in Manor have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Manor was $351,200 in March 2024, down 2.4% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$110K
N/A
2 $320K$289K
-9.7%
3 $340K$323.3K
-4.9%
4 $412.5K$399.9K
-3.0%
5+ $465K$486.8K
+4.7%

Summary: Manor 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 9.7%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Cities

Manor
-2.4%
Austin
-4.5%
Northeast Travis
-10.6%

Housing Supply in Manor, TX

How many homes are available in Manor, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
238236-0.8%

Summary: The Manor real estate market had 236 homes for sale in March 2024, a 0.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 68
+33.3%
3 119127
+6.7%
4 8581
-4.7%
5+ 2819
-32.1%

Summary: The Manor housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 32.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4642-8.7%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manor, you may be able to get a good deal. 69% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in Manor in March 2024, down by 8.7% month-over-month. Of the 42 sold homes, 69% were sold under asking, 21% were sold at asking, and 10% were sold over asking.

Days on Market for Manor, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
78 Days77 Days-1.4%

Summary: Homes in Manor had an average of 77 days on market in Mar 2024, down by 1.4% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 42 homes were sold in Manor; 38% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

Newest Listings in Manor, TX

Nearby Markets to Manor, TX

What housing markets are near Manor, TX?