Is now a good time to buy land in Rio Hondo, Texas?
Rio Hondo, Texas is currently a strong buyer's market with 15.9 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
15.9 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 2 |
| 1-2 acres | - | 3 | 3 | 3 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | - | 2 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 5 | 5 | 9 |
Rio Hondo, Texas is currently a strong buyer's market with 15.9 months of supply. Buyers have more negotiating power and can take time to find the right property.
Rio Hondo, Texas currently has 15.9 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Over the past 12 months, Rio Hondo, Texas saw 15 properties sold. In just the last 3 months, 7 properties changed hands.
The 3-month absorption rate in Rio Hondo, Texas is 6.3%. The 12-month rate is 3.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Rio Hondo, Texas typically sells within 191 days of listing. The median time on market is 141 days. Properties are moving slowly in the current strong buyer's market.
There are currently 37 active listings in Rio Hondo, Texas. 9 new listings have hit the market in the last 90 days. The median asking price is $199K.
The current absorption rate in Rio Hondo, Texas is 6.3% (3-month basis), indicating slow demand. The top-performing broker in this market is Keller Williams Realty Rgv.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.