Is Marble Falls, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Marble Falls was a Seller's Market.
Housing Prices in Marble Falls, TX
How much do homes in Marble Falls, TX cost?
Median Sold Price
$475,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Marble Falls was $475,000 in March 2024, up 7.6% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $270K | $114.9K | -57.4% |
2 Bedrooms | $374.5K | $399.1K | +6.6% |
3 Bedrooms | $405K | $420K | +3.7% |
4 Bedrooms | $625K | $850K | +36.0% |
5+ Bedrooms | $690K | $765K | +10.9% |
Summary: Marble Falls housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.4%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 36%, and 5+ bedroom homes increased by 10.9%.
Housing Supply in Marble Falls, TX
How many homes are available in Marble Falls, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 84 | +35.5% |
Summary: The Marble Falls real estate market had 84 homes for sale in March 2024, a 35.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 4 | 8 | +100.0% |
3 Bedrooms | 36 | 42 | +16.7% |
4 Bedrooms | 18 | 28 | +55.6% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Marble Falls housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Marble Falls in March 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Marble Falls, TX
How long does it take to sell a home in Marble Falls, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
130 Days | 55 Days | -58.0% |
Summary: Homes in Marble Falls had an average of 55 days on market in Mar 2024, down by 58% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Marble Falls; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.