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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stonewall is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Stonewall was a Neutral Market.

Key Takeaway

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

Housing Prices in Stonewall, TX

How much do homes in Stonewall, TX cost?

Median Sold Price

$449,000

$626/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$2,401,000(-84.2%)

Key Takeaway

Homes in Stonewall have sold for 84.2% less than they did a month ago.

Summary: The median home sold price in Stonewall was $449,000 in March 2024, down 84.2% from last month, and the median price per square foot was $626.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$449K
N/A
2 --
N/A
3 --
N/A
4 $2.8M-
N/A
5+ --
N/A

Summary: Stonewall housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Stonewall, TX

How many homes are available in Stonewall, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2023+15.0%

Summary: The Stonewall real estate market had 23 homes for sale in March 2024, a 15.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 33
0.0%
3 69
+50.0%
4 86
-25.0%
5+ 34
+33.3%

Summary: The Stonewall housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stonewall, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Stonewall in March 2024, down by 33.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Stonewall, TX

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

Average Sale Time

Feb 2024Mar 2024CHANGE
125 Days46 Days-63.4%

Summary: Homes in Stonewall had an average of 46 days on market in Mar 2024, down by 63.4% compared to last month.

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 Stonewall are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Stonewall; 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 26 Days Ago

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