Is Seguin, 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, Seguin was a Seller's Market.
Housing Prices in Seguin, TX
How much do homes in Seguin, TX cost?
Median Sold Price
$304,246
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Seguin was $304,246 in May 2024, down 0.8% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $225K | +45.2% |
2 Bedrooms | $224.9K | $175K | -22.2% |
3 Bedrooms | $287K | $280.1K | -2.4% |
4 Bedrooms | $326.9K | $324K | -0.9% |
5+ Bedrooms | $365.3K | $359.4K | -1.6% |
Summary: Seguin housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.2%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 1.6%.
Median Sold Price Compared To Nearby Cities
Southwest Guadalupe | $407.4K | $459.9K | +12.9% |
Mc Queeney | $522.5K | $545K | +4.3% |
Seguin | $306.8K | $304.2K | -0.8% |
Northeast Guadalupe | $400K | $380K | -5.0% |
Housing Supply in Seguin, TX
How many homes are available in Seguin, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
459 | 474 | +3.3% |
Summary: The Seguin real estate market had 474 homes for sale in May 2024, a 3.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 24 | 27 | +12.5% |
3 Bedrooms | 190 | 196 | +3.2% |
4 Bedrooms | 214 | 229 | +7.0% |
5+ Bedrooms | 30 | 21 | -30.0% |
Summary: The Seguin 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 12.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
68 | 64 | -5.9% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in Seguin in May 2024, down by 5.9% month-over-month. Of the 64 sold homes, 66% were sold under asking, 22% were sold at asking, and 13% were sold over asking.
Days on Market for Seguin, TX
How long does it take to sell a home in Seguin, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
72 Days | 109 Days | +51.1% |
Summary: Homes in Seguin had an average of 109 days on market in May 2024, up by 51.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
32 Homes Were Sold
Over 90 Days
Summary: During May 2024, 64 homes were sold in Seguin; 20% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.