Is Del Valle, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Del Valle is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Del Valle has remained a Seller's Market.

Key Takeaway

Del Valle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Del Valle, TX

How much do homes in Del Valle, TX cost?

Median Sold Price

$312,545

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$45,455(-12.7%)

Key Takeaway

Homes in Del Valle have sold for 12.7% less than they did a year ago.

Summary: The median home sold price in Del Valle was $312,545 in April 2024, down 12.7% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $350K$550K
+57.1%
3 $348K$303K
-12.9%
4 $385K$345K
-10.4%
5+ $412.7K$370K
-10.4%

Summary: Del Valle 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 57.1%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 10.4%.

Median Sold Price Compared To Nearby Cities

Cedar Creek-Red Rock
0.4%
Austin
-3.0%
Del Valle
-12.7%

Housing Supply in Del Valle, TX

How many homes are available in Del Valle, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6976+10.1%

Summary: The Del Valle real estate market had 76 homes for sale in April 2024, a 10.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 25
+150.0%
2 22
0.0%
3 3842
+10.5%
4 2121
0.0%
5+ 66
0.0%

Summary: The Del Valle housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
814+75.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Del Valle, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Del Valle in April 2024, up by 75.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 43% were sold at asking, and 7% were sold over asking.

Days on Market for Del Valle, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
61 Days48 Days-21.2%

Summary: Homes in Del Valle had an average of 48 days on market in Apr 2024, down by 21.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Del Valle are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 14 homes were sold in Del Valle; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 17 Days Ago

Newest Listings in Del Valle, TX

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