Is Denver Heights, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Denver Heights is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Denver Heights was a Seller's Market.

Key Takeaway

Denver Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Denver Heights, TX

How much do homes in Denver Heights, TX cost?

Median Sold Price

$260,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$25,500(-8.9%)

Key Takeaway

Homes in Denver Heights have sold for 8.9% less than they did a year ago.

Summary: The median home sold price in Denver Heights was $260,000 in April 2024, down 8.9% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $150K$165K
+10.0%
2 $199.5K$130K
-34.8%
3 $305K$282K
-7.5%
4 $351K$263.9K
-24.8%
5+ -$662.5K
N/A

Summary: Denver Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes decreased by 34.8%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 24.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Lavaca
-6.3%
Dignowity Hill
-8.3%
Denver Heights
-8.9%

Housing Supply in Denver Heights, TX

How many homes are available in Denver Heights, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5863+8.6%

Summary: The Denver Heights real estate market had 63 homes for sale in April 2024, a 8.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 23
+50.0%
2 1617
+6.3%
3 3435
+2.9%
4 46
+50.0%
5+ 22
0.0%

Summary: The Denver Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Denver Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Denver Heights in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Denver Heights, TX

How long does it take to sell a home in Denver Heights, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
54 Days195 Days+260.7%

Summary: Homes in Denver Heights had an average of 195 days on market in Apr 2024, up by 260.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Denver Heights are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 4 homes were sold in Denver Heights; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Denver Heights, TX

Nearby Markets to Denver Heights, TX