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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Taylor is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Taylor has remained a Seller's Market.

Key Takeaway

Taylor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Taylor, TX

How much do homes in Taylor, TX cost?

Median Sold Price

$321,900

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$13,100(-3.9%)

Key Takeaway

Homes in Taylor have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in Taylor was $321,900 in March 2024, down 3.9% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $153K-
N/A
2 $249K$240.2K
-3.5%
3 $329.9K$310K
-6.1%
4 $395K$352.5K
-10.8%
5+ $592.5K$542.5K
-8.4%

Summary: Taylor housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 8.4%.

Housing Supply in Taylor, TX

How many homes are available in Taylor, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8298+19.5%

Summary: The Taylor real estate market had 98 homes for sale in March 2024, a 19.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 912
+33.3%
3 4954
+10.2%
4 1723
+35.3%
5+ 68
+33.3%

Summary: The Taylor 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 33.3%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
717+142.9%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Taylor, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Taylor in March 2024, up by 142.9% month-over-month. Of the 17 sold homes, 65% were sold under asking, 24% were sold at asking, and 12% were sold over asking.

Days on Market for Taylor, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
75 Days55 Days-27.2%

Summary: Homes in Taylor had an average of 55 days on market in Mar 2024, down by 27.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 17 homes were sold in Taylor; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 18% 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 23 Days Ago

Newest Listings in Taylor, TX

Nearby Markets to Taylor, TX