Is Champions, 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, Champions has remained a Seller's Market.
Key Takeaway
Champions is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Champions, TX
How much do homes in Champions, TX cost?
Median Sold Price
$332,152
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Champions have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Champions was $332,152 in April 2024, down 0.8% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $114K | $136K | +19.3% |
| 2 Bedrooms | $165K | $197.5K | +19.7% |
| 3 Bedrooms | $275.1K | $279.4K | +1.6% |
| 4 Bedrooms | $358.9K | $355K | -1.1% |
| 5+ Bedrooms | $470K | $470K | 0.0% |
Summary: Champions housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.3%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Northwest Houston | $390.6K | $405.5K | +3.8% |
| Champions | $334.9K | $332.1K | -0.8% |
| Gleannloch Farms | $475K | $461.2K | -2.9% |
Housing Supply in Champions, TX
How many homes are available in Champions, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 420 | 488 | +16.2% |
Summary: The Champions real estate market had 488 homes for sale in April 2024, a 16.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 22 | 24 | +9.1% |
| 3 Bedrooms | 109 | 128 | +17.4% |
| 4 Bedrooms | 201 | 231 | +14.9% |
| 5+ Bedrooms | 80 | 97 | +21.3% |
Summary: The Champions 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 increased by 9.1%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 21.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 93 | 97 | +4.3% |
Asking Price vs. Sold Price
55 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Champions, you may be able to get a good deal. 56.7% of homes here sold below asking price last month.
Summary: A total of 97 homes were sold or pending in Champions in April 2024, up by 4.3% month-over-month. Of the 97 sold homes, 57% were sold under asking, 25% were sold at asking, and 19% were sold over asking.
Days on Market for Champions, TX
How long does it take to sell a home in Champions, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 38 Days | -18.6% |
Summary: Homes in Champions had an average of 38 days on market in Apr 2024, down by 18.6% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Champions are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 97 homes were sold in Champions; 65% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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