Is Kyle, 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, Kyle was a Seller's Market.
Housing Prices in Kyle, TX
How much do homes in Kyle, TX cost?
Median Sold Price
$350,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kyle was $350,000 in May 2024, down 4.1% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | - | N/A |
2 Bedrooms | $290K | $289.2K | -0.3% |
3 Bedrooms | $344.9K | $319K | -7.5% |
4 Bedrooms | $399K | $392.7K | -1.6% |
5+ Bedrooms | $444K | $452.2K | +1.8% |
Summary: Kyle housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Cities
Kyle | $365K | $350K | -4.1% |
Kyle-Buda | $398.6K | $369.6K | -7.3% |
Housing Supply in Kyle, TX
How many homes are available in Kyle, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
585 | 662 | +13.2% |
Summary: The Kyle real estate market had 662 homes for sale in May 2024, a 13.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 244 | 278 | +13.9% |
4 Bedrooms | 300 | 334 | +11.3% |
5+ Bedrooms | 35 | 43 | +22.9% |
Summary: The Kyle housing inventory by bedroom type for May 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 13.9%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 22.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
88 | 101 | +14.8% |
Asking Price vs. Sold Price
66 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 101 homes were sold or pending in Kyle in May 2024, up by 14.8% month-over-month. Of the 101 sold homes, 65% were sold under asking, 26% were sold at asking, and 9% were sold over asking.
Days on Market for Kyle, TX
How long does it take to sell a home in Kyle, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
63 Days | 72 Days | +15.2% |
Summary: Homes in Kyle had an average of 72 days on market in May 2024, up by 15.2% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Summary: During May 2024, 101 homes were sold in Kyle; 46% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.