The Chimney Rock Area housing market is somewhat competitive. The median sale price of a home in Chimney Rock Area was $255K last month, up 4.9% since last year. The median sale price per square foot in Chimney Rock Area is $143, up 8.3% since last year.
What is the housing market like in Chimney Rock Area today?
In March 2024, Chimney Rock Area home prices were up 4.9% compared to last year, selling for a median price of $255K. On average, homes in Chimney Rock Area sell after 65 days on the market compared to 36 days last year. There were 34 homes sold in March this year, up from 34 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$255,450
+4.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Chimney Rock Area, TX
$255,450
+4.9%
United States
To compare other locations to the Chimney Rock Area and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Abilene add value to a home.
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How hot is the Chimney Rock Area housing market?
Chimney Rock Area is somewhat competitive. Homes sell in 54 days.
0
100
42
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 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 54 days.
Hot homes
can sell for around list price and go pending in around 18 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 Chimney Rock Area housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Chimney Rock Area.
Risk Factor
Flood Factor - Minor
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Chimney Rock Area has a minor risk of flooding. 362 properties in Chimney Rock Area are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Chimney Rock Area. Flood risk is increasing faster than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Chimney Rock Area has a severe risk of wildfire. There are 3,516 properties in Chimney Rock Area that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Chimney Rock Area.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Chimney Rock Area has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Chimney Rock Area is most at risk from hurricanes. 3,519 properties in Chimney Rock Area 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 65 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 69 mph.
67% of properties are at major
risk of heat over the next 30 years
Heat Factor
Chimney Rock Area has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 67% of homes in Chimney Rock Area have a Major Heat Factor®.
Chimney Rock Area is expected to see a 257% increase in the number of days over 103ºF over the next 30 years. Chimney Rock Area is expected to experience 9