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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manor is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Manor has remained a Seller's Market.

Key Takeaway

Manor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Manor, TX

How much do homes in Manor, TX cost?

Median Sold Price

$355,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$23,478(-6.2%)

Key Takeaway

Homes in Manor have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in Manor was $355,000 in May 2024, down 6.2% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$110K
N/A
2 $289K$288K
-0.3%
3 $348K$319.9K
-8.0%
4 $412.9K$399.9K
-3.1%
5+ $464.6K$467.2K
+0.6%

Summary: Manor 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 decreased by 0.3%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Cities

Austin
-2.1%
Manor
-6.2%
Northeast Travis
-6.4%

Housing Supply in Manor, TX

How many homes are available in Manor, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
266312+17.3%

Summary: The Manor real estate market had 312 homes for sale in May 2024, a 17.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 712
+71.4%
3 140158
+12.9%
4 91112
+23.1%
5+ 2830
+7.1%

Summary: The Manor 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 71.4%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
4458+31.8%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manor, you may be able to get a good deal. 51.7% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in Manor in May 2024, up by 31.8% month-over-month. Of the 58 sold homes, 52% were sold under asking, 31% were sold at asking, and 17% were sold over asking.

Days on Market for Manor, TX

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

Average Sale Time

May 2023May 2024CHANGE
66 Days47 Days-29.6%

Summary: Homes in Manor had an average of 47 days on market in May 2024, down by 29.6% compared to last year.

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Manor are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 58 homes were sold in Manor; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 17% 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

Newest Listings in Manor, TX

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