Is North Loop, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, North Loop has remained a Buyer's Market.
Housing Prices in North Loop, TX
How much do homes in North Loop, TX cost?
Median Sold Price
$599,500
$510/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Loop was $599,500 in April 2024, down 13.7% from last year, and the median price per square foot was $510.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $259.4K | $277.5K | +7.0% |
2 Bedrooms | $564.9K | $545K | -3.5% |
3 Bedrooms | $702.5K | $617.5K | -12.1% |
4 Bedrooms | $1.1M | $1.4M | +21.9% |
5+ Bedrooms | $941.5K | $1.4M | +57.7% |
Summary: North Loop housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes increased by 57.7%.
Housing Supply in North Loop, TX
How many homes are available in North Loop, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 41 | +13.9% |
Summary: The North Loop real estate market had 41 homes for sale in April 2024, a 13.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 19 | 17 | -10.5% |
3 Bedrooms | 11 | 14 | +27.3% |
4 Bedrooms | 3 | 7 | +133.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The North Loop housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in North Loop in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for North Loop, TX
How long does it take to sell a home in North Loop, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 21 Days | -43.4% |
Summary: Homes in North Loop had an average of 21 days on market in Apr 2024, down by 43.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in North Loop; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.