Is Baytown, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Baytown was a Seller's Market.
Housing Prices in Baytown, TX
How much do homes in Baytown, TX cost?
Median Sold Price
$274,816
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Baytown was $274,816 in March 2024, up 8.8% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $62K | -27.1% |
2 Bedrooms | $144.9K | $135K | -6.8% |
3 Bedrooms | $229.4K | $245K | +6.8% |
4 Bedrooms | $295K | $310.1K | +5.1% |
5+ Bedrooms | $325K | $375K | +15.4% |
Summary: Baytown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.1%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 15.4%.
Median Sold Price Compared To Nearby Cities
Mont Belvieu | $394.9K | $430K | +8.9% |
Baytown | $252.6K | $274.8K | +8.8% |
Baytown | $275K | $275K | 0.0% |
Highlands | $235K | $229K | -2.6% |
Beach City | $562.4K | $521K | -7.4% |
Housing Supply in Baytown, TX
How many homes are available in Baytown, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
526 | 604 | +14.8% |
Summary: The Baytown real estate market had 604 homes for sale in March 2024, a 14.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 6 | -14.3% |
2 Bedrooms | 24 | 32 | +33.3% |
3 Bedrooms | 251 | 289 | +15.1% |
4 Bedrooms | 205 | 232 | +13.2% |
5+ Bedrooms | 39 | 45 | +15.4% |
Summary: The Baytown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
87 | 94 | +8.0% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 94 homes were sold or pending in Baytown in March 2024, up by 8.0% month-over-month. Of the 94 sold homes, 47% were sold under asking, 33% were sold at asking, and 20% were sold over asking.
Days on Market for Baytown, TX
How long does it take to sell a home in Baytown, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
74 Days | 60 Days | -17.9% |
Summary: Homes in Baytown had an average of 60 days on market in Mar 2024, down by 17.9% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During March 2024, 94 homes were sold in Baytown; 47% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.