Is Hedwig Village, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hedwig Village has remained a Seller's Market.
Housing Prices in Hedwig Village, TX
How much do homes in Hedwig Village, TX cost?
Median Sold Price
$734,000
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hedwig Village was $734,000 in April 2024, down 31.9% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $123K | $124.5K | +1.2% |
2 Bedrooms | $173K | $162.2K | -6.2% |
3 Bedrooms | $1.0M | $366.5K | -64.9% |
4 Bedrooms | $1.4M | $1.5M | +11.3% |
5+ Bedrooms | $2.3M | $1.6M | -30.6% |
Summary: Hedwig Village housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 64.9%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes decreased by 30.6%.
Median Sold Price Compared To Nearby Cities
Spring Valley Village | $1.1M | $1.2M | +6.9% |
Bunker Hill Village | $1.9M | $1.8M | -6.3% |
Piney Point Village | $3.2M | $2.7M | -15.0% |
Hedwig Village | $1.0M | $734K | -31.9% |
Housing Supply in Hedwig Village, TX
How many homes are available in Hedwig Village, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 13 | -18.8% |
Summary: The Hedwig Village real estate market had 13 homes for sale in April 2024, a 18.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Hedwig Village housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Hedwig Village in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Hedwig Village, TX
How long does it take to sell a home in Hedwig Village, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 47 Days | +51.6% |
Summary: Homes in Hedwig Village had an average of 47 days on market in Apr 2024, up by 51.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Hedwig Village; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.