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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Giddings is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Giddings was a Seller's Market.

Key Takeaway

Giddings is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Giddings, TX

How much do homes in Giddings, TX cost?

Median Sold Price

$315,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$67,500(+27.3%)

Key Takeaway

Homes in Giddings have sold for 27.3% more than they did a year ago.

Summary: The median home sold price in Giddings was $315,000 in April 2024, up 27.3% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $152K$200K
+31.6%
2 $205.5K$275K
+33.8%
3 $268.1K$320K
+19.4%
4 $312K$345K
+10.6%
5+ --
N/A

Summary: Giddings housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.6%, 2 bedroom homes increased by 33.8%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes did not change.

Housing Supply in Giddings, TX

How many homes are available in Giddings, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3542+20.0%

Summary: The Giddings real estate market had 42 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 36
+100.0%
3 2025
+25.0%
4 76
-14.3%
5+ 44
0.0%

Summary: The Giddings 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 100%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Giddings, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Giddings in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Giddings, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
50 Days58 Days+15.4%

Summary: Homes in Giddings had an average of 58 days on market in Apr 2024, up by 15.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 6 homes were sold in Giddings; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 4 Days Ago

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