Is Granite Shoals, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Granite Shoals was a Seller's Market.
Housing Prices in Granite Shoals, TX
How much do homes in Granite Shoals, TX cost?
Median Sold Price
$347,500
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Granite Shoals was $347,500 in May 2024, down 9.3% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215.9K | $203K | -6.0% |
2 Bedrooms | $427.5K | $265K | -38.0% |
3 Bedrooms | $365.5K | $326.6K | -10.6% |
4 Bedrooms | $707.5K | $1.3M | +97.2% |
5+ Bedrooms | $2.1M | $4.0M | +87.4% |
Summary: Granite Shoals housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes decreased by 38%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes increased by 97.2%, and 5+ bedroom homes increased by 87.4%.
Median Sold Price Compared To Nearby Cities
Llano South | $647K | $750K | +15.9% |
Granite Shoals | $383K | $347.5K | -9.3% |
Housing Supply in Granite Shoals, TX
How many homes are available in Granite Shoals, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
53 | 53 | 0.0% |
Summary: The Granite Shoals real estate market had 53 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 31 | 30 | -3.2% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Granite Shoals housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 4 | -55.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Granite Shoals in May 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Granite Shoals, TX
How long does it take to sell a home in Granite Shoals, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
79 Days | 42 Days | -47.3% |
Summary: Homes in Granite Shoals had an average of 42 days on market in May 2024, down by 47.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Granite Shoals; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.