Is Poteet, 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, Poteet has remained a Buyer's Market.
Housing Prices in Poteet, TX
How much do homes in Poteet, TX cost?
Median Sold Price
$331,500
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Poteet was $331,500 in April 2024, up 10.5% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $49.5K | $18K | -63.6% |
2 Bedrooms | $49.6K | $230K | +363.2% |
3 Bedrooms | $332.5K | $331.5K | -0.3% |
4 Bedrooms | $325K | $369K | +13.5% |
5+ Bedrooms | - | - | N/A |
Summary: Poteet housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.6%, 2 bedroom homes increased by 363.2%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes did not change.
Housing Supply in Poteet, TX
How many homes are available in Poteet, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 57 | +14.0% |
Summary: The Poteet real estate market had 57 homes for sale in April 2024, a 14.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 19 | 17 | -10.5% |
4 Bedrooms | 25 | 31 | +24.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Poteet 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 40%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 24%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 2 | -71.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Poteet in April 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Poteet, TX
How long does it take to sell a home in Poteet, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 17 Days | -61.1% |
Summary: Homes in Poteet had an average of 17 days on market in Apr 2024, down by 61.1% 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 April 2024, 2 homes were sold in Poteet; 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.