The Timber Ridge housing market is somewhat competitive. The median sale price of a home in Timber Ridge was $251K last month, up 9.1% since last year. The median sale price per square foot in Timber Ridge is $130, down 24.9% since last year.
What is the housing market like in Timber Ridge today?
In March 2024, Timber Ridge home prices were up 9.1% compared to last year, selling for a median price of $251K. On average, homes in Timber Ridge sell after 35 days on the market compared to 106 days last year. There were 8 homes sold in March this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$251,000
+9.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Timber Ridge, TX
$251,000
+9.1%
United States
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How hot is the Timber Ridge housing market?
Timber Ridge is somewhat competitive. Homes sell in 31 days.
0
100
53
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 31 days.
Hot homes
can sell for around list price and go pending in around 14 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Timber Ridge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Timber Ridge.
Risk Factor
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Timber Ridge has a minor risk of flooding. 33 properties in Timber Ridge are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Timber Ridge. Flood risk is increasing faster than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Timber Ridge has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Timber Ridge is most at risk from hurricanes. 1,139 properties in Timber Ridge have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 97 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 106 mph.