Is Plum Creek, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plum Creek is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Plum Creek has remained a Seller's Market.

Key Takeaway

Plum Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Plum Creek, TX

How much do homes in Plum Creek, TX cost?

Median Sold Price

$344,950

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$40,050(-10.4%)

Key Takeaway

Homes in Plum Creek have sold for 10.4% less than they did a year ago.

Summary: The median home sold price in Plum Creek was $344,950 in March 2024, down 10.4% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $295K-
N/A
2 $280K$282K
+0.7%
3 $375K$332.5K
-11.3%
4 $400K$365.9K
-8.5%
5+ $478K$480K
0.4%

Summary: Plum Creek 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 0.7%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 0.4%.

Housing Supply in Plum Creek, TX

How many homes are available in Plum Creek, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3445+32.4%

Summary: The Plum Creek real estate market had 45 homes for sale in March 2024, a 32.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1826
+44.4%
4 1516
+6.7%
5+ 12
+100.0%

Summary: The Plum Creek 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 increased by 100%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plum Creek, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Plum Creek in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Plum Creek, TX

How long does it take to sell a home in Plum Creek, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
24 Days55 Days+131.8%

Summary: Homes in Plum Creek had an average of 55 days on market in Mar 2024, up by 131.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Plum Creek are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 8 homes were sold in Plum Creek; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

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