Is Mico, 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, Mico was a Seller's Market.
Housing Prices in Mico, TX
How much do homes in Mico, TX cost?
Median Sold Price
$622,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mico was $622,000 in March 2024, down 2.4% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $567.4K | N/A |
2 Bedrooms | $325K | $252K | -22.5% |
3 Bedrooms | $625K | $582.5K | -6.8% |
4 Bedrooms | $690K | $690K | 0.0% |
5+ Bedrooms | $700K | $664K | -5.1% |
Summary: Mico 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 22.5%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 5.1%.
Median Sold Price Compared To Nearby Cities
Castroville-LaCoste | $360.5K | $417.5K | +15.8% |
San Antonio Northwest | $320.2K | $315.6K | -1.4% |
Mico | $637.5K | $622K | -2.4% |
Pipe Creek | $394.4K | $380K | -3.7% |
Housing Supply in Mico, TX
How many homes are available in Mico, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 18 | +28.6% |
Summary: The Mico real estate market had 18 homes for sale in March 2024, a 28.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 6 | 10 | +66.7% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mico 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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Mico in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Mico, TX
How long does it take to sell a home in Mico, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 60 Days | +12.3% |
Summary: Homes in Mico had an average of 60 days on market in Mar 2024, up by 12.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Mico; 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.