Is Pipe Creek, 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, Pipe Creek has remained a Buyer's Market.
Housing Prices in Pipe Creek, TX
How much do homes in Pipe Creek, TX cost?
Median Sold Price
$402,500
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pipe Creek was $402,500 in April 2024, up 2% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $251.5K | $160K | -36.4% |
2 Bedrooms | $295K | $310K | +5.1% |
3 Bedrooms | $422.5K | $437.5K | +3.6% |
4 Bedrooms | $564.9K | $452.5K | -19.9% |
5+ Bedrooms | $650K | $415K | -36.2% |
Summary: Pipe Creek housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.4%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 19.9%, and 5+ bedroom homes decreased by 36.2%.
Median Sold Price Compared To Nearby Cities
Castroville-LaCoste | $360.5K | $422.5K | +17.2% |
Pipe Creek | $394.4K | $402.5K | +2.0% |
San Antonio Northwest | $325K | $315.5K | -2.9% |
Mico | $650K | $595K | -8.5% |
Housing Supply in Pipe Creek, TX
How many homes are available in Pipe Creek, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 85 | +16.4% |
Summary: The Pipe Creek real estate market had 85 homes for sale in April 2024, a 16.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 7 | 0.0% |
2 Bedrooms | 21 | 22 | +4.8% |
3 Bedrooms | 28 | 37 | +32.1% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Pipe Creek 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 increased by 4.8%, 3 bedroom homes increased by 32.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Pipe Creek in April 2024, up by 166.7% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Pipe Creek, TX
How long does it take to sell a home in Pipe Creek, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
134 Days | 190 Days | +41.6% |
Summary: Homes in Pipe Creek had an average of 190 days on market in Apr 2024, up by 41.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Pipe Creek; 0% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.