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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wimberley is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Wimberley was a Seller's Market.

Key Takeaway

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

Housing Prices in Wimberley, TX

How much do homes in Wimberley, TX cost?

Median Sold Price

$505,000

$277/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$44,000(-8.0%)

Key Takeaway

Homes in Wimberley have sold for 8% less than they did a year ago.

Summary: The median home sold price in Wimberley was $505,000 in May 2024, down 8% from last year, and the median price per square foot was $277.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $702.5K$537.5K
-23.5%
2 $442.5K$425K
-4.0%
3 $501K$475K
-5.2%
4 $705K$662.5K
-6.0%
5+ $1.4M$1.4M
-4.0%

Summary: Wimberley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.5%, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 4%.

Median Sold Price Compared To Nearby Cities

Dripping Springs-Wimberley
-0.9%
Kyle-Buda
-7.3%
Wimberley
-8.0%

Housing Supply in Wimberley, TX

How many homes are available in Wimberley, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
236250+5.9%

Summary: The Wimberley real estate market had 250 homes for sale in May 2024, a 5.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 25
+150.0%
2 2829
+3.6%
3 133141
+6.0%
4 5154
+5.9%
5+ 2221
-4.5%

Summary: The Wimberley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 4.5%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2921-27.6%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wimberley, you may be able to get a good deal. 76.2% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Wimberley in May 2024, down by 27.6% month-over-month. Of the 21 sold homes, 76% were sold under asking, 14% were sold at asking, and 10% were sold over asking.

Days on Market for Wimberley, TX

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

Average Sale Time

May 2023May 2024CHANGE
66 Days79 Days+19.5%

Summary: Homes in Wimberley had an average of 79 days on market in May 2024, up by 19.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wimberley has remained consistent over time.

Summary: During May 2024, 21 homes were sold in Wimberley; 24% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 24% 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 1 Day Ago

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