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“In today’s housing market, the typical 25-34 year-old buyer would only spend about 25% of their income on housing in Wichita falls, less than the 30% rule-of-thumb.” 2. Lockhart
Texas and Florida secured seven of the top 10 best buyers’ markets in the U.S. while most of the country’s 50 largest cities are still in favor of sellers, the Zillow report shows.
25. Buchanan Dam, Texas. January 2023 average home value: $390,776 January 2024 average home value: $357,933 YOY (%) change in average home value:-9.176% Difference from USA average home value ...
In 2022, homes for sale in Texas were being scooped up in a matter of days, but it's now taking months for sellers to find a buyer, according to James Willoughby, a real estate agent based in Austin.
Buying a home in 2024 is a challenge – from mortgage rates to bidding wars, obstacles exist. NBC News quantifies the challenges with its Home Buyer Index. This is what we've learned.
🏡 Key housing market stats The median home-sale price as of September 2024 was $404,500 — the highest September median NAR has ever recorded and only about $20K short of the all-time high
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Last month the median price for homes sold in Central Texas was $443,065, up 1.2% year-over-year. Austin's median sales price was $543,200, down 2.8%.