Is Wimberley, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Wimberley was a Seller's Market.
Housing Prices in Wimberley, TX
How much do homes in Wimberley, TX cost?
Median Sold Price
$515,000
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Wimberley was $515,000 in March 2024, down 19.5% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $702.5K | $657K | -6.5% |
2 Bedrooms | $447.5K | $399.2K | -10.8% |
3 Bedrooms | $595K | $483.2K | -18.8% |
4 Bedrooms | $722.4K | $725K | 0.4% |
5+ Bedrooms | $1.6M | $1.4M | -14.5% |
Summary: Wimberley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.5%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 14.5%.
Median Sold Price Compared To Nearby Cities
Kyle-Buda | $410K | $375K | -8.5% |
Dripping Springs-Wimberley | $771.8K | $705K | -8.7% |
Wimberley | $640K | $515K | -19.5% |
Housing Supply in Wimberley, TX
How many homes are available in Wimberley, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
169 | 221 | +30.8% |
Summary: The Wimberley real estate market had 221 homes for sale in March 2024, a 30.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 18 | 25 | +38.9% |
3 Bedrooms | 98 | 123 | +25.5% |
4 Bedrooms | 32 | 44 | +37.5% |
5+ Bedrooms | 18 | 24 | +33.3% |
Summary: The Wimberley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 38.9%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 22 | +83.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Wimberley in March 2024, up by 83.3% month-over-month. Of the 22 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.
Days on Market for Wimberley, TX
How long does it take to sell a home in Wimberley, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
83 Days | 92 Days | +10.6% |
Summary: Homes in Wimberley had an average of 92 days on market in Mar 2024, up by 10.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in Wimberley; 36% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.