Is Siena, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Siena is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Siena was a Seller's Market.

Key Takeaway

Siena is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Siena, TX

How much do homes in Siena, TX cost?

Median Sold Price

$436,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$59,000(-11.9%)

Key Takeaway

Homes in Siena have sold for 11.9% less than they did a year ago.

Summary: The median home sold price in Siena was $436,000 in April 2024, down 11.9% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $450K$410.2K
-8.8%
4 $562.5K$460K
-18.2%
5+ $626.6K$452K
-27.9%

Summary: Siena housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 27.9%.

Housing Supply in Siena, TX

How many homes are available in Siena, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
715+114.3%

Summary: The Siena real estate market had 15 homes for sale in April 2024, a 114.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 15
+400.0%
4 67
+16.7%
5+ 03
+100.0%

Summary: The Siena 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 remained the same, 3 bedroom homes increased by 400%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Siena, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Siena in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Siena, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
83 Days21 Days-74.9%

Summary: Homes in Siena had an average of 21 days on market in Apr 2024, down by 74.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Siena; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 11 Days Ago

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