Is New Caney, 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, New Caney was a Seller's Market.
Housing Prices in New Caney, TX
How much do homes in New Caney, TX cost?
Median Sold Price
$285,883
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in New Caney was $285,883 in May 2024, down 3.8% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $395K | $40K | -89.9% |
2 Bedrooms | $190K | $240K | +26.3% |
3 Bedrooms | $262.2K | $259.4K | -1.0% |
4 Bedrooms | $326.3K | $300K | -8.1% |
5+ Bedrooms | $382.9K | $350.4K | -8.5% |
Summary: New Caney housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 89.9%, 2 bedroom homes increased by 26.3%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Cities
Woodbranch | $275K | $320K | +16.4% |
Roman Forest | $348.9K | $339.9K | -2.6% |
New Caney | $297.2K | $285.8K | -3.8% |
Porter | $334.9K | $309.4K | -7.6% |
Housing Supply in New Caney, TX
How many homes are available in New Caney, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
218 | 244 | +11.9% |
Summary: The New Caney real estate market had 244 homes for sale in May 2024, a 11.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 87 | 89 | +2.3% |
4 Bedrooms | 113 | 133 | +17.7% |
5+ Bedrooms | 15 | 19 | +26.7% |
Summary: The New Caney 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 increased by 2.3%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 26.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
37 | 39 | +5.4% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in New Caney in May 2024, up by 5.4% month-over-month. Of the 39 sold homes, 51% were sold under asking, 28% were sold at asking, and 21% were sold over asking.
Days on Market for New Caney, TX
How long does it take to sell a home in New Caney, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
44 Days | 40 Days | -7.3% |
Summary: Homes in New Caney had an average of 40 days on market in May 2024, down by 7.3% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 39 homes were sold in New Caney; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.