Is Waxahachie, 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, Waxahachie was a Seller's Market.
Key Takeaway
Waxahachie is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Waxahachie, TX
How much do homes in Waxahachie, TX cost?
Median Sold Price
$310,000
$214/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Waxahachie have sold for 4.6% less than they did a month ago.
Summary: The median home sold price in Waxahachie was $310,000 in April 2024, down 4.6% from last month, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $310K | N/A |
| 4 Bedrooms | $324.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Waxahachie housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Waxahachie, TX
How many homes are available in Waxahachie, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 358 | 387 | +8.1% |
Summary: The Waxahachie real estate market had 387 homes for sale in April 2024, a 8.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 147 | 164 | +11.6% |
| 4 Bedrooms | 162 | 169 | +4.3% |
| 5+ Bedrooms | 38 | 40 | +5.3% |
Summary: The Waxahachie housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 61 | 62 | +1.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waxahachie, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 62 homes were sold or pending in Waxahachie in April 2024, up by 1.6% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Waxahachie, TX
How long does it take to sell a home in Waxahachie, TX?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 59 Days | 51 Days | -13.2% |
Summary: Homes in Waxahachie had an average of 51 days on market in Apr 2024, down by 13.2% compared to last month.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Waxahachie are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 62 homes were sold in Waxahachie; 44% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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