Is Astrodome Area, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Astrodome Area is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Astrodome Area has remained a Seller's Market.

Key Takeaway

Astrodome Area is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Astrodome Area, TX

How much do homes in Astrodome Area, TX cost?

Median Sold Price

$152,500

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$1,700(-1.1%)

Key Takeaway

Homes in Astrodome Area have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Astrodome Area was $152,500 in April 2024, down 1.1% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $134.5K$135K
0.4%
2 $166.7K$156K
-6.4%
3 $340K$337.5K
-0.7%
4 $370K-
N/A
5+ --
N/A

Summary: Astrodome Area housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes decreased by 6.4%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

South Main
+126.9%
Braeswood
+2.3%
Macgregor
+1.9%
Astrodome Area
-1.1%
Medical Center Area
-2.5%

Housing Supply in Astrodome Area, TX

How many homes are available in Astrodome Area, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
92103+12.0%

Summary: The Astrodome Area real estate market had 103 homes for sale in April 2024, a 12.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 3638
+5.6%
2 5259
+13.5%
3 46
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Astrodome Area housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1722+29.4%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Astrodome Area, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Astrodome Area in April 2024, up by 29.4% month-over-month. Of the 22 sold homes, 59% were sold under asking, 14% were sold at asking, and 27% were sold over asking.

Days on Market for Astrodome Area, TX

How long does it take to sell a home in Astrodome Area, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
39 Days72 Days+83.9%

Summary: Homes in Astrodome Area had an average of 72 days on market in Apr 2024, up by 83.9% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Astrodome Area are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 22 homes were sold in Astrodome Area; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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