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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Taylor Lake Village is a buyer's market

Buyer's
Market

Difference Since August 2023

Since last year, Taylor Lake Village has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Taylor Lake Village, TX

How much do homes in Taylor Lake Village, TX cost?

Median Sold Price

$385,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$25,000(-6.1%)

Key Takeaway

Homes in Taylor Lake Village have sold for 6.1% less than they did a year ago.

Summary: The median home sold price in Taylor Lake Village was $385,000 in August 2024, down 6.1% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 -$355K
N/A
3 $462.5K$515K
+11.4%
4 $392.8K$375K
-4.5%
5+ $487.4K$410K
-15.9%

Summary: Taylor Lake Village housing prices by bedroom type for August 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 increased by 11.4%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 15.9%.

Median Sold Price Compared To Nearby Cities

Southeast Harris
+4.4%
El Lago
+1.7%
Seabrook
+1.5%
Pasadena
+1.3%
Taylor Lake Village
-6.1%

Housing Supply in Taylor Lake Village, TX

How many homes are available in Taylor Lake Village, TX?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
3236+12.5%

Summary: The Taylor Lake Village real estate market had 36 homes for sale in August 2024, a 12.5% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1114
+27.3%
4 1415
+7.1%
5+ 44
0.0%

Summary: The Taylor Lake Village housing inventory by bedroom type for August 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 27.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 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 Taylor Lake Village, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Taylor Lake Village in August 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Taylor Lake Village, TX

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

Average Sale Time

Aug 2023Aug 2024CHANGE
48 Days35 Days-27.8%

Summary: Homes in Taylor Lake Village had an average of 35 days on market in Aug 2024, down by 27.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Taylor Lake Village has remained consistent over time.

Summary: During August 2024, 3 homes were sold in Taylor Lake Village; 33% of homes were sold within 30 days, 67% 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 16 Days Ago

Newest Listings in Taylor Lake Village, TX

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