Is Converse, 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, Converse was a Seller's Market.
Housing Prices in Converse, TX
How much do homes in Converse, TX cost?
Median Sold Price
$266,583
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Converse was $266,583 in April 2024, down 1.4% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $180K | $189K | +5.0% |
3 Bedrooms | $255.8K | $250K | -2.3% |
4 Bedrooms | $297.4K | $295K | -0.8% |
5+ Bedrooms | $354.7K | $350K | -1.3% |
Summary: Converse 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%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
Schertz | $338.5K | $340K | 0.4% |
Live Oak | $278.7K | $275K | -1.3% |
Converse | $270.3K | $266.5K | -1.4% |
San Antonio Northeast | $268.8K | $260K | -3.3% |
Universal City | $305K | $280K | -8.2% |
Housing Supply in Converse, TX
How many homes are available in Converse, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
423 | 473 | +11.8% |
Summary: The Converse real estate market had 473 homes for sale in April 2024, a 11.8% 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 | 6 | 7 | +16.7% |
3 Bedrooms | 228 | 260 | +14.0% |
4 Bedrooms | 166 | 180 | +8.4% |
5+ Bedrooms | 23 | 26 | +13.0% |
Summary: The Converse 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 16.7%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 64 | +1.6% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in Converse in April 2024, up by 1.6% month-over-month. Of the 64 sold homes, 42% were sold under asking, 38% were sold at asking, and 20% were sold over asking.
Days on Market for Converse, TX
How long does it take to sell a home in Converse, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
76 Days | 78 Days | +1.6% |
Summary: Homes in Converse had an average of 78 days on market in Apr 2024, up by 1.6% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During April 2024, 64 homes were sold in Converse; 33% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.