$5,320 Closing Credit*
$448,000
3,088 SqFt
4 Beds
•3 Full Baths
Rhonda Denmon, Listing Office: Champions NextGen Real Estate
Is Alvin-Pearland, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Alvin-Pearland was a Seller's Market.
Key Takeaway
Alvin-Pearland 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 Alvin-Pearland, TX
How much do homes in Alvin-Pearland, TX cost?
Median Sold Price
$369,483
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,050(+2.5%)
Key Takeaway
Homes in Alvin-Pearland have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Alvin-Pearland was $369,483 in November 2024, up 2.5% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $349.9K | $150K | -57.1% |
| 2 Bedrooms | $225K | $235K | +4.4% |
| 3 Bedrooms | $300.8K | $318.6K | +5.9% |
| 4 Bedrooms | $414.8K | $409.9K | -1.2% |
| 5+ Bedrooms | $533.9K | $502.8K | -5.8% |
Summary: Alvin-Pearland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.1%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 5.8%.
Housing Supply in Alvin-Pearland, TX
How many homes are available in Alvin-Pearland, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 866 | 887 | +2.4% |
Summary: The Alvin-Pearland real estate market had 887 homes for sale in November 2024, a 2.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 6 | +100.0% |
| 2 Bedrooms | 31 | 36 | +16.1% |
| 3 Bedrooms | 291 | 297 | +2.1% |
| 4 Bedrooms | 447 | 434 | -2.9% |
| 5+ Bedrooms | 94 | 114 | +21.3% |
Summary: The Alvin-Pearland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 21.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 173 | 137 | -20.8% |
Asking Price vs. Sold Price
89 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alvin-Pearland, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 137 homes were sold or pending in Alvin-Pearland in November 2024, down by 20.8% month-over-month. Of the 137 sold homes, 65% were sold under asking, 23% were sold at asking, and 12% were sold over asking.
Days on Market for Alvin-Pearland, TX
How long does it take to sell a home in Alvin-Pearland, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 43 Days | +5.5% |
Summary: Homes in Alvin-Pearland had an average of 43 days on market in Nov 2024, up by 5.5% compared to last year.
Breakdown of Home Sale Times
76 Homes Were Sold
Under 30 Days
43 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alvin-Pearland are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 137 homes were sold in Alvin-Pearland; 55% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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