Is Second Ward, 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, Second Ward has remained a Buyer's Market.
Housing Prices in Second Ward, TX
How much do homes in Second Ward, TX cost?
Median Sold Price
$390,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Second Ward was $390,000 in April 2024, up 2% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $540K | $323K | -40.2% |
2 Bedrooms | $320K | $298.5K | -6.7% |
3 Bedrooms | $399.9K | $408.5K | +2.2% |
4 Bedrooms | $400K | $396.9K | -0.8% |
5+ Bedrooms | $415K | $530K | +27.7% |
Summary: Second Ward housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.2%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 27.7%.
Median Sold Price Compared To Nearby Neighborhoods
Second Ward | $382.5K | $390K | +2.0% |
Downtown | $380K | $385K | +1.3% |
Greater Fifth Ward | $344.9K | $334.9K | -2.9% |
Housing Supply in Second Ward, TX
How many homes are available in Second Ward, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 95 | +50.8% |
Summary: The Second Ward real estate market had 95 homes for sale in April 2024, a 50.8% 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 | 17 | 18 | +5.9% |
3 Bedrooms | 36 | 67 | +86.1% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Second Ward 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 5.9%, 3 bedroom homes increased by 86.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 4 | -55.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Second Ward in April 2024, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Second Ward, TX
How long does it take to sell a home in Second Ward, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
3 Days | 12 Days | +264.3% |
Summary: Homes in Second Ward had an average of 12 days on market in Apr 2024, up by 264.3% compared to last year.
Breakdown of Home Sale Times
4 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, 4 homes were sold in Second Ward; 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.