Is Washington-Chappell Hill, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Washington-Chappell Hill was a Seller's Market.
Housing Prices in Washington-Chappell Hill, TX
How much do homes in Washington-Chappell Hill, TX cost?
Median Sold Price
$610,500
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Washington-Chappell Hill was $610,500 in April 2024, up 16.3% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $217.6K | - | N/A |
2 Bedrooms | $365K | $449K | +23.0% |
3 Bedrooms | $525K | $595K | +13.3% |
4 Bedrooms | $638.8K | $840K | +31.5% |
5+ Bedrooms | $1.3M | - | N/A |
Summary: Washington-Chappell Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 31.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Washington-Chappell Hill | $525K | $610.5K | +16.3% |
Gay Hill-Independence | $610K | $642.5K | +5.3% |
South Brazos | $358.9K | $357.9K | -0.3% |
Housing Supply in Washington-Chappell Hill, TX
How many homes are available in Washington-Chappell Hill, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 37 | +42.3% |
Summary: The Washington-Chappell Hill real estate market had 37 homes for sale in April 2024, a 42.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 10 | 16 | +60.0% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Washington-Chappell Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Washington-Chappell Hill in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Washington-Chappell Hill, TX
How long does it take to sell a home in Washington-Chappell Hill, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
131 Days | 4 Days | -96.7% |
Summary: Homes in Washington-Chappell Hill had an average of 4 days on market in Apr 2024, down by 96.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Washington-Chappell Hill; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.