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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vidor is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Vidor, TX

How much do homes in Vidor, TX cost?

Median Sold Price

$160,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$64,000(-28.6%)

Key Takeaway

Homes in Vidor have sold for 28.6% less than they did a year ago.

Summary: The median home sold price in Vidor was $160,000 in March 2024, down 28.6% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $113.2K$75K
-33.8%
3 $214.4K$155K
-27.7%
4 $244.9K$190K
-22.4%
5+ -$552.5K
N/A

Summary: Vidor 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 33.8%, 3 bedroom homes decreased by 27.7%, 4 bedroom homes decreased by 22.4%, and 5+ bedroom homes did not change.

Housing Supply in Vidor, TX

How many homes are available in Vidor, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
24240.0%

Summary: The Vidor real estate market had 24 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1515
0.0%
4 56
+20.0%
5+ 22
0.0%

Summary: The Vidor 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 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 Vidor, 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 Vidor in March 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 Vidor, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
89 Days29 Days-67.0%

Summary: Homes in Vidor had an average of 29 days on market in Mar 2024, down by 67% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Vidor are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in Vidor; 67% of homes were sold within 30 days, 33% 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 25 Days Ago

Newest Listings in Vidor, TX

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