Is Deer Park, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Deer Park has remained a Seller's Market.
Housing Prices in Deer Park, TX
How much do homes in Deer Park, TX cost?
Median Sold Price
$285,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Deer Park was $285,000 in March 2024, up 5.2% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $188.2K | $190K | +0.9% |
3 Bedrooms | $260K | $261.5K | +0.6% |
4 Bedrooms | $305K | $323K | +5.9% |
5+ Bedrooms | $370K | $394K | +6.5% |
Summary: Deer Park 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 0.9%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
La Porte | $250K | $283.9K | +13.6% |
Southeast Harris | $275K | $299.9K | +9.1% |
Deer Park | $271K | $285K | +5.2% |
Pasadena | $237.4K | $247.1K | +4.1% |
Housing Supply in Deer Park, TX
How many homes are available in Deer Park, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
80 | 103 | +28.7% |
Summary: The Deer Park real estate market had 103 homes for sale in March 2024, a 28.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 41 | 60 | +46.3% |
4 Bedrooms | 31 | 32 | +3.2% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Deer Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 46.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 24 | +41.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Deer Park in March 2024, up by 41.2% month-over-month. Of the 24 sold homes, 54% were sold under asking, 29% were sold at asking, and 17% were sold over asking.
Days on Market for Deer Park, TX
How long does it take to sell a home in Deer Park, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 35 Days | +44.0% |
Summary: Homes in Deer Park had an average of 35 days on market in Mar 2024, up by 44% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in Deer Park; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.