Is Lavaca, 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, Lavaca was a Seller's Market.
Housing Prices in Lavaca, TX
How much do homes in Lavaca, TX cost?
Median Sold Price
$387,500
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lavaca was $387,500 in May 2024, down 5.5% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | - | N/A |
2 Bedrooms | $397.3K | $398.2K | 0.2% |
3 Bedrooms | $470K | $411.2K | -12.5% |
4 Bedrooms | $567.5K | $329.9K | -41.9% |
5+ Bedrooms | $344.4K | - | N/A |
Summary: Lavaca housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 41.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Lavaca | $410K | $387.5K | -5.5% |
Denver Heights | $283.5K | $260K | -8.3% |
Roosevelt Park | $250K | $195K | -22.0% |
Housing Supply in Lavaca, TX
How many homes are available in Lavaca, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 38 | +18.8% |
Summary: The Lavaca real estate market had 38 homes for sale in May 2024, a 18.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 14 | +55.6% |
3 Bedrooms | 22 | 22 | 0.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lavaca 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 55.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lavaca in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Lavaca, TX
How long does it take to sell a home in Lavaca, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 40 Days | +22.7% |
Summary: Homes in Lavaca had an average of 40 days on market in May 2024, up by 22.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Lavaca; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.