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Featured local agent — Mikes, TX

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Mikes, TX

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Mikes, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Mikes, TX Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$61,000median sale price

How is the Mikes, TX housing market right now?

The median home sale price in Mikes, TX is $61,000. Homes sell in an average of 163 days with 1 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2023 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Mikes a buyer's or seller's market?

Balanced market1.0 months of supply163 avg. days on market

Mikes, TX is currently a balanced market, based on 1.0 months of supply and homes selling in about 163 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

163

Average pace

Active listings

1

1.0 months supply

Sale-to-list

93.8%

Below asking

What does the Mikes housing market data show?

Current housing market statistics for Mikes, TX
MetricValue
Median sale price$61,000
Median list price$144,500
Average days on market163 days
Active inventory1 listings
Months of supply1.0 months
Sale-to-list price ratio93.8%
Median price per sq ft$54/sq ft
Homes sold (latest month)1
New listings (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Mikes by property type?

How the Mikes, TX market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Mikes, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$61,000$54/sq ft1163 days

Source: Redfin · Updated monthly

The Mikes housing market is currently classified as a balanced market with a median sale price of $61,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 163 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Mikes

There are currently 1 homes listed for sale in Mikes, Texas. The median listing price is $145K.

Active listings

1

Homes on market

Median list price

$145K

Avg. days on market

163

Days until sale

New this week

1

Newly listed

Sale-to-list:93.8%

Who lives in Mikes?

Population

1,676

Median age

33.7 years

Owner-occupied

85.2%

College grads

4.3%

Avg commute

19.1 min

Source: U.S. Census Bureau ACS

What is it like to live in Mikes?

Mikes is a community of approximately 2K residents with a median age of 33.7 years. 4.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 85.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Mikes offers a distinctive character that appeals to different lifestyle preferences.

Which cities are near Mikes, TX?

Want a head-to-head view? Compare Mikes side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Mikes?

The median home sale price in Mikes is $61,000, down 0.0% from last year.

How long do homes stay on market in Mikes?

Homes typically spend 163 days on market before going under contract.

Is Mikes a buyer's or seller's market?

With 1.0 months of supply, Mikes is currently a balanced market.

How much does a single-family home cost in Mikes?

The median single-family home price in Mikes, TX is $61,000 (about $54 per square foot).

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