Is East Houston, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Houston has remained a Seller's Market.
Housing Prices in East Houston, TX
How much do homes in East Houston, TX cost?
Median Sold Price
$210,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Houston was $210,000 in April 2024, up 9.4% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | - | N/A |
2 Bedrooms | $172.7K | $146K | -15.5% |
3 Bedrooms | $190.5K | $207K | +8.7% |
4 Bedrooms | $200K | $222.5K | +11.3% |
5+ Bedrooms | $192K | $230K | +19.8% |
Summary: East Houston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.5%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 19.8%.
Median Sold Price Compared To Nearby Neighborhoods
East Houston | $192K | $210K | +9.4% |
Northeast Houston | $212.3K | $218K | +2.7% |
Houston Gardens | $212K | $212K | 0.0% |
Scenic Woods | $188.7K | $170K | -9.9% |
Housing Supply in East Houston, TX
How many homes are available in East Houston, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
88 | 105 | +19.3% |
Summary: The East Houston real estate market had 105 homes for sale in April 2024, a 19.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 72 | 81 | +12.5% |
4 Bedrooms | 9 | 17 | +88.9% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The East Houston housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 88.9%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 22 | +120.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in East Houston in April 2024, up by 120.0% month-over-month. Of the 22 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for East Houston, TX
How long does it take to sell a home in East Houston, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 43 Days | +25.1% |
Summary: Homes in East Houston had an average of 43 days on market in Apr 2024, up by 25.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in East Houston; 64% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.