Is Manchaca, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Manchaca has remained a Seller's Market.
Housing Prices in Manchaca, TX
How much do homes in Manchaca, TX cost?
Median Sold Price
$519,900
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Manchaca was $519,900 in May 2024, up 3% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $420K | N/A |
3 Bedrooms | $489.6K | $465K | -5.0% |
4 Bedrooms | $600K | $538.3K | -10.3% |
5+ Bedrooms | $505K | $598.9K | +18.6% |
Summary: Manchaca 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 did not change, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 18.6%.
Housing Supply in Manchaca, TX
How many homes are available in Manchaca, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 44 | +25.7% |
Summary: The Manchaca real estate market had 44 homes for sale in May 2024, a 25.7% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 17 | 19 | +11.8% |
4 Bedrooms | 13 | 20 | +53.8% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Manchaca 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 remained the same, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Manchaca in May 2024, up by 42.9% month-over-month. Of the 10 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Manchaca, TX
How long does it take to sell a home in Manchaca, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
14 Days | 37 Days | +162.3% |
Summary: Homes in Manchaca had an average of 37 days on market in May 2024, up by 162.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Manchaca; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.