The Gleannloch Farms housing market is somewhat competitive. The median sale price of a home in Gleannloch Farms was $413K last month, down 3.5% since last year. The median sale price per square foot in Gleannloch Farms is $151, down 5.9% since last year.
What is the housing market like in Gleannloch Farms today?
In March 2024, Gleannloch Farms home prices were down 3.5% compared to last year, selling for a median price of $413K. On average, homes in Gleannloch Farms sell after 42 days on the market compared to 44 days last year. There were 23 homes sold in March this year, down from 34 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$412,500
-3.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Gleannloch Farms, TX
$412,500
-3.5%
United States
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How hot is the Gleannloch Farms housing market?
Gleannloch Farms is somewhat competitive. Homes sell in 29 days.
0
100
65
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 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 29 days.
Hot homes
can sell for around list price and go pending in around 15 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 Gleannloch Farms housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Gleannloch Farms.
Risk Factor
Flood Factor - Moderate
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Gleannloch Farms has a moderate risk of flooding. 507 properties in Gleannloch Farms are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in Gleannloch Farms. Flood risk is increasing slower than the national average.
54% of properties are at risk of wildfire over the next 30 years
Fire Factor
Gleannloch Farms has a moderate risk of wildfire. There are 2,232 properties in Gleannloch Farms that have some risk of being affected by wildfire over the next 30 years. This represents 54% of all properties in Gleannloch Farms.
90% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Gleannloch Farms has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Gleannloch Farms is most at risk from hurricanes. 3,709 properties in Gleannloch Farms 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 140 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 148 mph.
98% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Gleannloch Farms has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Gleannloch Farms have an Extreme Heat Factor®.
Gleannloch Farms is expected to see a 242% increase in the number of days over 110ºF over the next 30 years. Gleannloch Farms is expected to experience 8