Is Channelview, 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, Channelview was a Seller's Market.
Key Takeaway
Channelview is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Channelview, TX
How much do homes in Channelview, TX cost?
Median Sold Price
$230,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Channelview have sold for 6% more than they did a year ago.
Summary: The median home sold price in Channelview was $230,000 in March 2024, up 6% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174K | - | N/A |
| 2 Bedrooms | $160K | $182.5K | +14.1% |
| 3 Bedrooms | $205K | $222.5K | +8.5% |
| 4 Bedrooms | $260K | $260K | 0.0% |
| 5+ Bedrooms | $290K | $265K | -8.6% |
Summary: Channelview housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 8.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 8.6%.
Median Sold Price Compared To Nearby Cities
| Southeast Harris | $275K | $299.9K | +9.1% |
| Channelview | $217K | $230K | +6.0% |
| Baytown | $275K | $275K | 0.0% |
| Northeast Harris | $272.9K | $270K | -1.1% |
| Highlands | $235K | $229K | -2.6% |
Housing Supply in Channelview, TX
How many homes are available in Channelview, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 63 | 73 | +15.9% |
Summary: The Channelview real estate market had 73 homes for sale in March 2024, a 15.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 32 | 35 | +9.4% |
| 4 Bedrooms | 19 | 25 | +31.6% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Channelview housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Channelview, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Channelview in March 2024, the same as the previous month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.
Days on Market for Channelview, TX
How long does it take to sell a home in Channelview, TX?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 56 Days | +61.8% |
Summary: Homes in Channelview had an average of 56 days on market in Mar 2024, up by 61.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Channelview are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in Channelview; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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