Is Wimberley, 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, Wimberley was a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $702.5K | $537.5K | -23.5% |
2 Bedrooms | $442.5K | $425K | -4.0% |
3 Bedrooms | $501K | $475K | -5.2% |
4 Bedrooms | $705K | $662.5K | -6.0% |
5+ Bedrooms | $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 | $720.5K | $714.3K | -0.9% |
Kyle-Buda | $398.6K | $369.6K | -7.3% |
Wimberley | $549K | $505K | -8.0% |
Housing Supply in Wimberley, TX
How many homes are available in Wimberley, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
236 | 250 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 28 | 29 | +3.6% |
3 Bedrooms | 133 | 141 | +6.0% |
4 Bedrooms | 51 | 54 | +5.9% |
5+ Bedrooms | 22 | 21 | -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 2024 | May 2024 | CHANGE |
---|---|---|
29 | 21 | -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
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 2023 | May 2024 | CHANGE |
---|---|---|
66 Days | 79 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
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.