Is EaDo, 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, EaDo was a Seller's Market.
Housing Prices in EaDo, TX
How much do homes in EaDo, TX cost?
Median Sold Price
$405,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in EaDo was $405,000 in April 2024, up 2.5% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $222K | $265K | +19.4% |
2 Bedrooms | $326.2K | $345K | +5.7% |
3 Bedrooms | $423.9K | $435.7K | +2.8% |
4 Bedrooms | $375.5K | $603K | +60.6% |
5+ Bedrooms | - | $965K | N/A |
Summary: EaDo housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.4%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 60.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
South Central Houston | $420.3K | $434.9K | +3.5% |
EaDo | $395.3K | $405K | +2.5% |
Second Ward | $382.5K | $390K | +2.0% |
Downtown | $380K | $385K | +1.3% |
Greater Eastwood | $387K | $365K | -5.7% |
Housing Supply in EaDo, TX
How many homes are available in EaDo, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 55 | +48.6% |
Summary: The EaDo real estate market had 55 homes for sale in April 2024, a 48.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 17 | 21 | +23.5% |
3 Bedrooms | 17 | 29 | +70.6% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The EaDo 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 23.5%, 3 bedroom homes increased by 70.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in EaDo in April 2024, up by 80.0% month-over-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 EaDo, TX
How long does it take to sell a home in EaDo, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 29 Days | +36.2% |
Summary: Homes in EaDo had an average of 29 days on market in Apr 2024, up by 36.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in EaDo; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.