Is Channelview, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Channelview was a Seller's Market.
Key Takeaway
Channelview is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Channelview, TX
How much do homes in Channelview, TX cost?
Median Sold Price
$235,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Channelview have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Channelview was $235,000 in May 2024, up 9.3% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174K | $120K | -31.0% |
| 2 Bedrooms | $167.5K | $179.5K | +7.2% |
| 3 Bedrooms | $205.5K | $225K | +9.5% |
| 4 Bedrooms | $256.5K | $265K | +3.3% |
| 5+ Bedrooms | $328.2K | $265K | -19.3% |
Summary: Channelview housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 19.3%.
Median Sold Price Compared To Nearby Cities
| Channelview | $215K | $235K | +9.3% |
| Southeast Harris | $280K | $299.9K | +7.1% |
| Baytown | $275K | $274.9K | 0% |
| Northeast Harris | $270K | $269.6K | -0.1% |
| Highlands | $235K | $231.6K | -1.4% |
Housing Supply in Channelview, TX
How many homes are available in Channelview, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 63 | 61 | -3.2% |
Summary: The Channelview real estate market had 61 homes for sale in May 2024, a 3.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 34 | 30 | -11.8% |
| 4 Bedrooms | 22 | 23 | +4.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Channelview housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 9 | -47.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Channelview, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Channelview in May 2024, down by 47.1% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for Channelview, TX
How long does it take to sell a home in Channelview, TX?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 14 Days | 30 Days | +109.7% |
Summary: Homes in Channelview had an average of 30 days on market in May 2024, up by 109.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Channelview are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 9 homes were sold in Channelview; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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