Is Beacon Hill, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Beacon Hill was a Seller's Market.
Housing Prices in Beacon Hill, TX
How much do homes in Beacon Hill, TX cost?
Median Sold Price
$305,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Beacon Hill was $305,000 in April 2024, down 4.4% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $292.4K | $212.5K | -27.3% |
3 Bedrooms | $330.5K | $345K | +4.4% |
4 Bedrooms | $335K | $325K | -3.0% |
5+ Bedrooms | - | $195K | N/A |
Summary: Beacon Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Northwest Los Angeles Heights | $194K | $196K | +1.0% |
Beacon Hill | $319K | $305K | -4.4% |
Edison | $225K | $202.5K | -10.0% |
Housing Supply in Beacon Hill, TX
How many homes are available in Beacon Hill, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 42 | +5.0% |
Summary: The Beacon Hill real estate market had 42 homes for sale in April 2024, a 5.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 22 | 27 | +22.7% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Beacon Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 3 | -62.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Beacon Hill in April 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Beacon Hill, TX
How long does it take to sell a home in Beacon Hill, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 85 Days | +165.5% |
Summary: Homes in Beacon Hill had an average of 85 days on market in Apr 2024, up by 165.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Beacon Hill; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.