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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seguin is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Seguin, TX

How much do homes in Seguin, TX cost?

Median Sold Price

$305,098

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$1,672(+0.6%)

Key Takeaway

Homes in Seguin have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Seguin was $305,098 in April 2024, up 0.6% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $149.9K$330K
+120.1%
2 $175K$173.5K
-0.9%
3 $278.4K$279.9K
+0.6%
4 $370.6K$326.6K
-11.9%
5+ $410.1K$358.4K
-12.6%

Summary: Seguin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 120.1%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes decreased by 12.6%.

Median Sold Price Compared To Nearby Cities

Southwest Guadalupe
+1.1%
Seguin
+0.6%
Northeast Guadalupe
-14.8%

Housing Supply in Seguin, TX

How many homes are available in Seguin, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
435454+4.4%

Summary: The Seguin real estate market had 454 homes for sale in April 2024, a 4.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 2324
+4.3%
3 188189
0.5%
4 195212
+8.7%
5+ 2727
0.0%

Summary: The Seguin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
61610.0%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seguin, you may be able to get a good deal. 50.8% of homes here sold below asking price last month.

Summary: A total of 61 homes were sold or pending in Seguin in April 2024, the same as the previous month. Of the 61 sold homes, 51% were sold under asking, 33% were sold at asking, and 16% were sold over asking.

Days on Market for Seguin, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
67 Days103 Days+52.8%

Summary: Homes in Seguin had an average of 103 days on market in Apr 2024, up by 52.8% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

27 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Seguin are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 61 homes were sold in Seguin; 31% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 44% 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 Seguin, TX

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