Is Del Valle, 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, Del Valle was a Seller's Market.
Housing Prices in Del Valle, TX
How much do homes in Del Valle, TX cost?
Median Sold Price
$310,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Del Valle was $310,000 in May 2024, down 9.4% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $350K | $397.5K | +13.6% |
3 Bedrooms | $330K | $300K | -9.1% |
4 Bedrooms | $365K | $345K | -5.5% |
5+ Bedrooms | $395.5K | $358.3K | -9.4% |
Summary: Del Valle 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 13.6%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 9.4%.
Median Sold Price Compared To Nearby Cities
Dale | $445K | $494.5K | +11.1% |
Cedar Creek-Red Rock | $414.1K | $427.9K | +3.3% |
Austin | $580.7K | $568.6K | -2.1% |
Del Valle | $342K | $310K | -9.4% |
Housing Supply in Del Valle, TX
How many homes are available in Del Valle, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
73 | 76 | +4.1% |
Summary: The Del Valle real estate market had 76 homes for sale in May 2024, a 4.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 1 | -80.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 41 | 42 | +2.4% |
4 Bedrooms | 21 | 28 | +33.3% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Del Valle housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 80%, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 8 | -46.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Del Valle in May 2024, down by 46.7% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for Del Valle, TX
How long does it take to sell a home in Del Valle, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
69 Days | 97 Days | +41.0% |
Summary: Homes in Del Valle had an average of 97 days on market in May 2024, up by 41% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Del Valle; 0% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.