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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trinity is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Trinity, TX

How much do homes in Trinity, TX cost?

Median Sold Price

$203,900

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,400(+11.1%)

Key Takeaway

Homes in Trinity have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Trinity was $203,900 in March 2024, up 11.1% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $70K$76.5K
+9.3%
2 $129.8K$150K
+15.5%
3 $228K$235K
+3.1%
4 $299.2K$345K
+15.3%
5+ -$600K
N/A

Summary: Trinity housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes did not change.

Housing Supply in Trinity, TX

How many homes are available in Trinity, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
119125+5.0%

Summary: The Trinity real estate market had 125 homes for sale in March 2024, a 5.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 44
0.0%
2 1822
+22.2%
3 7378
+6.8%
4 2016
-20.0%
5+ 45
+25.0%

Summary: The Trinity 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 22.2%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12120.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trinity, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Trinity in March 2024, the same as the previous month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.

Days on Market for Trinity, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
80 Days113 Days+41.1%

Summary: Homes in Trinity had an average of 113 days on market in Mar 2024, up by 41.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Trinity are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 12 homes were sold in Trinity; 17% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 58% 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 22 Days Ago

Newest Listings in Trinity, TX

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