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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weimar is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Weimar was a Neutral Market.

Key Takeaway

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

Housing Prices in Weimar, TX

How much do homes in Weimar, TX cost?

Median Sold Price

$257,450

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$37,450(+17.0%)

Key Takeaway

Homes in Weimar have sold for 17% more than they did a year ago.

Summary: The median home sold price in Weimar was $257,450 in March 2024, up 17% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $428K$225K
-47.4%
3 $210K$215K
+2.4%
4 $234K$269.4K
+15.1%
5+ -$834.2K
N/A

Summary: Weimar 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 47.4%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes did not change.

Housing Supply in Weimar, TX

How many homes are available in Weimar, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1319+46.2%

Summary: The Weimar real estate market had 19 homes for sale in March 2024, a 46.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 710
+42.9%
4 23
+50.0%
5+ 11
0.0%

Summary: The Weimar 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 66.7%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weimar, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Weimar in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Weimar, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
46 Days238 Days+418.5%

Summary: Homes in Weimar had an average of 238 days on market in Mar 2024, up by 418.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Weimar; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 18 Days Ago

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