Is East Bernard, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Bernard is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, East Bernard was a Buyer's Market.

Key Takeaway

East Bernard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in East Bernard, TX

How much do homes in East Bernard, TX cost?

Median Sold Price

$340,000

$170/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$115,000(+51.1%)

Key Takeaway

Homes in East Bernard have sold for 51.1% more than they did a month ago.

Summary: The median home sold price in East Bernard was $340,000 in April 2024, up 51.1% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $225K$340K
+51.1%
4 --
N/A
5+ --
N/A

Summary: East Bernard housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 51.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in East Bernard, TX

How many homes are available in East Bernard, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1114+27.3%

Summary: The East Bernard real estate market had 14 homes for sale in April 2024, a 27.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 01
+100.0%
3 67
+16.7%
4 55
0.0%
5+ 00
0.0%

Summary: The East Bernard housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Bernard, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in East Bernard in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for East Bernard, TX

How long does it take to sell a home in East Bernard, TX?

Average Sale Time

Mar 2024Apr 2024CHANGE
16 Days21 Days+31.3%

Summary: Homes in East Bernard had an average of 21 days on market in Apr 2024, up by 31.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Bernard are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in East Bernard; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in East Bernard, TX

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