Is Willow Meadows / Willowbend Area, 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, Willow Meadows / Willowbend Area was a Seller's Market.
Housing Prices in Willow Meadows / Willowbend Area, TX
How much do homes in Willow Meadows / Willowbend Area, TX cost?
Median Sold Price
$350,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Willow Meadows / Willowbend Area was $350,000 in April 2024, down 2.8% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $230K | $243.5K | +5.9% |
3 Bedrooms | $345K | $342.5K | -0.7% |
4 Bedrooms | $424.5K | $425K | 0.1% |
5+ Bedrooms | $600K | $759K | +26.5% |
Summary: Willow Meadows / Willowbend Area 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 5.9%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 26.5%.
Median Sold Price Compared To Nearby Neighborhoods
Willowbend | $385K | $430.7K | +11.9% |
Willow Meadows | $440K | $465K | +5.7% |
Southwest | $269.7K | $277.8K | +3.0% |
Meyerland Area | $450K | $451.5K | 0.3% |
Willow Meadows / Willowbend Area | $360K | $350K | -2.8% |
Housing Supply in Willow Meadows / Willowbend Area, TX
How many homes are available in Willow Meadows / Willowbend Area, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 66 | +20.0% |
Summary: The Willow Meadows / Willowbend Area real estate market had 66 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 7 | +133.3% |
3 Bedrooms | 35 | 42 | +20.0% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Willow Meadows / Willowbend Area 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 133.3%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 10 | -23.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Willow Meadows / Willowbend Area in April 2024, down by 23.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Willow Meadows / Willowbend Area, TX
How long does it take to sell a home in Willow Meadows / Willowbend Area, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 14 Days | -39.6% |
Summary: Homes in Willow Meadows / Willowbend Area had an average of 14 days on market in Apr 2024, down by 39.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Willow Meadows / Willowbend Area; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.