$7,719 Closing Credit*
$650,000
2,668 SqFt
4 Beds
•2 Full Baths, 1 Partial
Michael Scruggs, Listing Office: Orchard Brokerage, LLC
Housing Prices in Springtown-Reno, TX
How much do homes in Springtown-Reno, TX cost?
Median List Price
$499,540
$216/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2023
+$27,987(+5.9%)
Key Takeaway
The list price of homes in Springtown-Reno has increased by 5.9% since last year.
Summary: The median home list price in Springtown-Reno was $499,540 in August 2024, up 5.9% from the previous year, and the median price per square foot was $216.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $289K | $305K | +5.5% |
| 2 Bedrooms | $225K | $316K | +40.4% |
| 3 Bedrooms | $395K | $415K | +5.1% |
| 4 Bedrooms | $524.9K | $550K | +4.8% |
| 5+ Bedrooms | $600K | $640K | +6.7% |
Summary: Springtown-Reno housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 40.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 6.7%.
Median List Price Compared To Nearby Cities
| Sanctuary | $375K | $489.5K | +30.5% |
| Weatherford Northwest | $499K | $537K | +7.6% |
| Springtown-Reno | $471.5K | $499.5K | +5.9% |
| Springtown | $437.1K | $449.3K | +2.8% |
| Weatherford | $450.2K | $459.5K | +2.1% |
Housing Supply in Springtown-Reno, TX
How many homes are available in Springtown-Reno, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 427 | 478 | +11.9% |
Summary: The Springtown-Reno real estate market had 478 homes for sale in August 2024, a 11.9% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 155 | 177 | +14.2% |
| 4 Bedrooms | 221 | 248 | +12.2% |
| 5+ Bedrooms | 39 | 39 | 0.0% |
Summary: The Springtown-Reno housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes remained the same.
Days on Market for Springtown-Reno, TX
How long does it take to sell a home in Springtown-Reno, TX?
Average Listing Age
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 160 Days | 87 Days | -45.4% |
Summary: Homes in Springtown-Reno had an average listing age of 87 days in Aug 2024, down by 45.4% compared to the previous year.
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