Is Orchard-Kendleton, 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, Orchard-Kendleton was a Buyer's Market.
Housing Prices in Orchard-Kendleton, TX
How much do homes in Orchard-Kendleton, TX cost?
Median Sold Price
$290,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Orchard-Kendleton was $290,000 in March 2024, down 19.4% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $263K | - | N/A |
2 Bedrooms | $400K | $509.9K | +27.5% |
3 Bedrooms | $373K | $321.2K | -13.9% |
4 Bedrooms | $345K | $290K | -15.9% |
5+ Bedrooms | - | - | N/A |
Summary: Orchard-Kendleton 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 increased by 27.5%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Rosenberg | $288.5K | $315K | +9.2% |
Orchard-Kendleton | $360K | $290K | -19.4% |
Housing Supply in Orchard-Kendleton, TX
How many homes are available in Orchard-Kendleton, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Summary: The Orchard-Kendleton real estate market had 10 homes for sale in March 2024, a 42.9% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Orchard-Kendleton 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 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Orchard-Kendleton in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Orchard-Kendleton, TX
How long does it take to sell a home in Orchard-Kendleton, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
10 Days | 16 Days | +65.0% |
Summary: Homes in Orchard-Kendleton had an average of 16 days on market in Mar 2024, up by 65% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Orchard-Kendleton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.