Is Baytown, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Baytown has remained a Seller's Market.
Key Takeaway
Baytown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Baytown, TX
How much do homes in Baytown, TX cost?
Median Sold Price
$274,531
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Baytown has remained the same since last year.
Summary: The median home sold price in Baytown was $274,531 in April 2024, down 0.2% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $61.7K | -27.4% |
| 2 Bedrooms | $155K | $136.5K | -11.9% |
| 3 Bedrooms | $244.1K | $244.9K | 0.3% |
| 4 Bedrooms | $305K | $315K | +3.3% |
| 5+ Bedrooms | $369.6K | $380K | +2.8% |
Summary: Baytown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.4%, 2 bedroom homes decreased by 11.9%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
| Mont Belvieu | $398K | $426K | +7.0% |
| Baytown | $255K | $272.3K | +6.8% |
| Baytown | $275K | $274.5K | -0.2% |
| Cove | $315K | $275K | -12.7% |
| Beach City | $590.4K | $465.5K | -21.2% |
Housing Supply in Baytown, TX
How many homes are available in Baytown, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 566 | 656 | +15.9% |
Summary: The Baytown real estate market had 656 homes for sale in April 2024, a 15.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 37 | 44 | +18.9% |
| 3 Bedrooms | 263 | 303 | +15.2% |
| 4 Bedrooms | 221 | 256 | +15.8% |
| 5+ Bedrooms | 39 | 47 | +20.5% |
Summary: The Baytown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 20.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 103 | 128 | +24.3% |
Asking Price vs. Sold Price
68 Homes Were Sold
Under Asking
41 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Baytown, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.
Summary: A total of 128 homes were sold or pending in Baytown in April 2024, up by 24.3% month-over-month. Of the 128 sold homes, 53% were sold under asking, 32% were sold at asking, and 15% were sold over asking.
Days on Market for Baytown, TX
How long does it take to sell a home in Baytown, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 71 Days | 50 Days | -28.8% |
Summary: Homes in Baytown had an average of 50 days on market in Apr 2024, down by 28.8% compared to last year.
Breakdown of Home Sale Times
65 Homes Were Sold
Under 30 Days
37 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Baytown are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 128 homes were sold in Baytown; 51% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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