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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Onalaska is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Onalaska was a Neutral Market.

Key Takeaway

Onalaska is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Onalaska, TX

How much do homes in Onalaska, TX cost?

Median Sold Price

$265,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$36,000(+15.7%)

Key Takeaway

Homes in Onalaska have sold for 15.7% more than they did a year ago.

Summary: The median home sold price in Onalaska was $265,000 in May 2024, up 15.7% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $52.5K$55K
+4.8%
2 $118K$189K
+60.2%
3 $232.8K$290K
+24.6%
4 $361K$577.5K
+60.0%
5+ $261.5K-
N/A

Summary: Onalaska housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 60.2%, 3 bedroom homes increased by 24.6%, 4 bedroom homes increased by 60%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Onalaska
+15.7%
Livingston-Onalaska
+11.8%

Housing Supply in Onalaska, TX

How many homes are available in Onalaska, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6786+28.4%

Summary: The Onalaska real estate market had 86 homes for sale in May 2024, a 28.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 1016
+60.0%
3 4657
+23.9%
4 79
+28.6%
5+ 22
0.0%

Summary: The Onalaska 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 60%, 3 bedroom homes increased by 23.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
660.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Onalaska, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Onalaska in May 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Onalaska, TX

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

Average Sale Time

May 2023May 2024CHANGE
81 Days88 Days+9.5%

Summary: Homes in Onalaska had an average of 88 days on market in May 2024, up by 9.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

Newest Listings in Onalaska, TX

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