Is Sun City Texas, 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, Sun City Texas has remained a Seller's Market.
Housing Prices in Sun City Texas, TX
How much do homes in Sun City Texas, TX cost?
Median Sold Price
$405,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sun City Texas was $405,000 in April 2024, down 10% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $400K | $375K | -6.3% |
3 Bedrooms | $497.7K | $445K | -10.6% |
4 Bedrooms | $549.3K | $562.9K | +2.5% |
5+ Bedrooms | $650K | $475K | -26.9% |
Summary: Sun City Texas housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 26.9%.
Housing Supply in Sun City Texas, TX
How many homes are available in Sun City Texas, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
146 | 161 | +10.3% |
Summary: The Sun City Texas real estate market had 161 homes for sale in April 2024, a 10.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 90 | 110 | +22.2% |
3 Bedrooms | 52 | 47 | -9.6% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sun City Texas 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 22.2%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 32 | -11.1% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Sun City Texas in April 2024, down by 11.1% month-over-month. Of the 32 sold homes, 81% were sold under asking, 13% were sold at asking, and 6% were sold over asking.
Days on Market for Sun City Texas, TX
How long does it take to sell a home in Sun City Texas, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 48 Days | -21.6% |
Summary: Homes in Sun City Texas had an average of 48 days on market in Apr 2024, down by 21.6% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in Sun City Texas; 56% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.