Is Marble Falls, 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, Marble Falls was a Seller's Market.
Housing Prices in Marble Falls, TX
How much do homes in Marble Falls, TX cost?
Median Sold Price
$495,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Marble Falls was $495,000 in May 2024, up 2.3% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $192.4K | $900K | +367.5% |
2 Bedrooms | $374.5K | $399.1K | +6.6% |
3 Bedrooms | $420K | $425K | +1.2% |
4 Bedrooms | $799.9K | $625K | -21.9% |
5+ Bedrooms | $880.1K | $515K | -41.5% |
Summary: Marble Falls housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 367.5%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 21.9%, and 5+ bedroom homes decreased by 41.5%.
Housing Supply in Marble Falls, TX
How many homes are available in Marble Falls, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
122 | 130 | +6.6% |
Summary: The Marble Falls real estate market had 130 homes for sale in May 2024, a 6.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 55 | 58 | +5.5% |
4 Bedrooms | 49 | 54 | +10.2% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Marble Falls housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 10 | -9.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Marble Falls in May 2024, down by 9.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Marble Falls, TX
How long does it take to sell a home in Marble Falls, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
30 Days | 78 Days | +159.2% |
Summary: Homes in Marble Falls had an average of 78 days on market in May 2024, up by 159.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Marble Falls; 60% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.