Is Alief, 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, Alief has remained a Seller's Market.
Housing Prices in Alief, TX
How much do homes in Alief, TX cost?
Median Sold Price
$218,900
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Alief was $218,900 in April 2024, up 2.3% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $76K | -5.0% |
2 Bedrooms | $128.5K | $135K | +5.1% |
3 Bedrooms | $220K | $225.3K | +2.4% |
4 Bedrooms | $250K | $255K | +2.0% |
5+ Bedrooms | $280K | $315K | +12.5% |
Summary: Alief housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Neighborhoods
Westchase | $165K | $195K | +18.2% |
Westside | $314.8K | $329.4K | +4.6% |
Alief | $214K | $218.9K | +2.3% |
Sharpstown | $225K | $219K | -2.7% |
Housing Supply in Alief, TX
How many homes are available in Alief, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
222 | 255 | +14.9% |
Summary: The Alief real estate market had 255 homes for sale in April 2024, a 14.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 46 | 54 | +17.4% |
3 Bedrooms | 123 | 138 | +12.2% |
4 Bedrooms | 39 | 47 | +20.5% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Alief housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 51 | +8.5% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in Alief in April 2024, up by 8.5% month-over-month. Of the 51 sold homes, 75% were sold under asking, 10% were sold at asking, and 16% were sold over asking.
Days on Market for Alief, TX
How long does it take to sell a home in Alief, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 43 Days | +19.6% |
Summary: Homes in Alief had an average of 43 days on market in Apr 2024, up by 19.6% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 51 homes were sold in Alief; 55% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.