Tool, TX Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Tool, TX is $332,500, up 5.7% year-over-year. Homes sell in an average of 107 days with 38 active listings. The market is currently a buyer's market.
$332,500median sale price
Homes sold
4
Last 12 weeks
Days on market
107
Average pace
Active listings
38
9.5 months supply
Sale-to-list
98.9%
Below asking
Tool, TX market data
| Metric | Value |
|---|---|
| Median sale price | $332,500 |
| Median list price | $589,000 |
| Year-over-year price change | +5.7% |
| Average days on market | 107 days |
| Active inventory | 38 listings |
| Months of supply | 9.5 months |
| Sale-to-list price ratio | 98.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Tool housing market is currently classified as a buyer's market with a median sale price of $332,500. Prices have risen 5.7% compared to last year, with homes spending an average of 107 days on market, indicating 9.5 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 Tool
There are currently 38 homes listed for sale in Tool, Texas. The median listing price is $589K.
Active listings
38
Homes on market
Median list price
$589K
Avg. days on market
107
Days until sale
New this week
8
Newly listed
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Frequently asked questions
What is the average home price in Tool?
The median home sale price in Tool is $332,500, up 5.7% from last year.
How long do homes stay on market in Tool?
Homes typically spend 107 days on market before going under contract.
Is Tool a buyer's or seller's market?
With 9.5 months of supply, Tool is currently a buyer's market.
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