Is East Little York / Homestead, 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, East Little York / Homestead was a Seller's Market.
Housing Prices in East Little York / Homestead, TX
How much do homes in East Little York / Homestead, TX cost?
Median Sold Price
$182,900
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Little York / Homestead was $182,900 in April 2024, down 1.1% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $118K | - | N/A |
2 Bedrooms | $168K | $117.5K | -30.1% |
3 Bedrooms | $176K | $169.9K | -3.4% |
4 Bedrooms | $227K | $231.5K | +2.0% |
5+ Bedrooms | $315K | $277.5K | -11.9% |
Summary: East Little York / Homestead 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 30.1%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 11.9%.
Median Sold Price Compared To Nearby Neighborhoods
Eastex - Jensen Area | $217.7K | $250K | +14.8% |
East Houston | $192K | $210K | +9.4% |
Houston Gardens | $212K | $212K | 0.0% |
East Little York / Homestead | $185K | $182.9K | -1.1% |
Scenic Woods | $188.7K | $170K | -9.9% |
Housing Supply in East Little York / Homestead, TX
How many homes are available in East Little York / Homestead, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 72 | +14.3% |
Summary: The East Little York / Homestead real estate market had 72 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 39 | 43 | +10.3% |
4 Bedrooms | 12 | 17 | +41.7% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The East Little York / Homestead 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 remained the same, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 6 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in East Little York / Homestead in April 2024, down by 57.1% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for East Little York / Homestead, TX
How long does it take to sell a home in East Little York / Homestead, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 24 Days | -49.6% |
Summary: Homes in East Little York / Homestead had an average of 24 days on market in Apr 2024, down by 49.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in East Little York / Homestead; 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.