Is Von Ormy, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Von Ormy was a Seller's Market.
Housing Prices in Von Ormy, TX
How much do homes in Von Ormy, TX cost?
Median Sold Price
$272,950
$183/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Von Ormy was $272,950 in March 2024, down 7.4% from last month, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $267.9K | $270.4K | +0.9% |
4 Bedrooms | $326.9K | - | N/A |
5+ Bedrooms | $337.9K | $332.9K | -1.5% |
Summary: Von Ormy 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 increased by 0.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 1.5%.
Housing Supply in Von Ormy, TX
How many homes are available in Von Ormy, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 40 | -21.6% |
Summary: The Von Ormy real estate market had 40 homes for sale in March 2024, a 21.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 27 | 21 | -22.2% |
4 Bedrooms | 10 | 5 | -50.0% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Von Ormy 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 remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 3 | -78.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Von Ormy in March 2024, down by 78.6% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Von Ormy, TX
How long does it take to sell a home in Von Ormy, TX?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
80 Days | 109 Days | +35.6% |
Summary: Homes in Von Ormy had an average of 109 days on market in Mar 2024, up by 35.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Von Ormy; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.