Morgan's Point Resort, TX

Buyer's market+8.4% YoY

Housing market overview · Updated weekly

$382,000median sale price

Homes sold

2

Last 12 weeks

Days on market

226

Average pace

Active listings

23

11.5 months supply

Sale-to-list

101.0%

Above asking

The Morgan's Point Resort housing market is currently classified as a buyer's market with a median sale price of $382,000. Prices have risen 8.4% compared to last year, with homes spending an average of 226 days on market, indicating 11.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Morgan's Point Resort

There are currently 23 homes listed for sale in Morgan's Point Resort, Texas. The median listing price is $276K.

Active listings

23

Homes on market

Median list price

$276K

Avg. days on market

226

Days until sale

New this week

7

Newly listed

Price drops:17.4%of listings
Sale-to-list:101.0%

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Frequently asked questions

What is the average home price in Morgan's Point Resort?

The median home sale price in Morgan's Point Resort is $382,000, up 8.4% from last year.

How long do homes stay on market in Morgan's Point Resort?

Homes typically spend 226 days on market before going under contract.

Is Morgan's Point Resort a buyer's or seller's market?

With 11.5 months of supply, Morgan's Point Resort is currently a buyer's market.

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