Pilot Point, TX
Housing market overview · Updated weekly
$308,920median sale price
Homes sold
36
Last 12 weeks
Days on market
104
Average pace
Active listings
132
3.7 months supply
Sale-to-list
95.8%
Below asking
Pilot Point, TX housing market analysis
The Pilot Point housing market is currently classified as a leaning buyer's with a median sale price of $308,920. Prices have decreased 19.4% compared to last year, which may signal a cooling market and potentially favorable conditions for buyers looking to enter. Homes in Pilot Point spend an average of 104 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
With 3.7 months of supply, Pilot Point is approaching equilibrium. Neither buyers nor sellers hold a decisive advantage, which creates an environment where thoughtful negotiations and fair pricing tend to produce successful transactions for both parties. The average sale-to-list price ratio stands at 95.8%, meaning homes are selling below asking price on average, suggesting room for negotiation.
There are currently 132 active listings in Pilot Point, providing a moderate range of options for prospective buyers. New listings coming to market totaled 53 in the most recent period, which indicates healthy turnover and fresh opportunities for buyers. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Pilot Point as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Pilot Point with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
Market trends
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Frequently asked questions
What is the average home price in Pilot Point?
The median home sale price in Pilot Point is $308,920, down 19.4% from last year.
How long do homes stay on market in Pilot Point?
Homes typically spend 104 days on market before going under contract.
Is Pilot Point a buyer's or seller's market?
With 3.7 months of supply, Pilot Point is currently a leaning buyer's.
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