Is Seguin, 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, Seguin was a Seller's Market.
Housing Prices in Seguin, TX
How much do homes in Seguin, TX cost?
Median Sold Price
$304,792
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Seguin was $304,792 in March 2024, up 5.1% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149.9K | $330K | +120.1% |
2 Bedrooms | $175K | $174.2K | -0.4% |
3 Bedrooms | $272K | $280K | +3.0% |
4 Bedrooms | $347.4K | $326.1K | -6.2% |
5+ Bedrooms | $324K | $362.1K | +11.8% |
Summary: Seguin housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 120.1%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes increased by 11.8%.
Housing Supply in Seguin, TX
How many homes are available in Seguin, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
436 | 458 | +5.0% |
Summary: The Seguin real estate market had 458 homes for sale in March 2024, a 5.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 22 | 23 | +4.5% |
3 Bedrooms | 197 | 200 | +1.5% |
4 Bedrooms | 192 | 210 | +9.4% |
5+ Bedrooms | 23 | 23 | 0.0% |
Summary: The Seguin 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 4.5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 52 | -3.7% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in Seguin in March 2024, down by 3.7% month-over-month. Of the 52 sold homes, 65% were sold under asking, 25% were sold at asking, and 10% were sold over asking.
Days on Market for Seguin, TX
How long does it take to sell a home in Seguin, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
84 Days | 107 Days | +27.3% |
Summary: Homes in Seguin had an average of 107 days on market in Mar 2024, up by 27.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During March 2024, 52 homes were sold in Seguin; 33% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.