Is Harris County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harris County is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Harris County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Harris County, TX cost?

Median Sold Price

$284,991

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$40,490(+16.6%)

Key Takeaway

Homes in Harris County have sold for 16.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $115K$126K
+9.6%
2 $170K$194.9K
+14.6%
3 $214.9K$251.6K
+17.1%
4 $270K$318.5K
+18.0%
5+ $390.2K$455.6K
+16.8%

Median Sold Price Compared To Nearby Counties

Fort Bend County
+16.8%
Harris County
+16.6%
Montgomery County
+16.0%
Waller County
+15.6%
Liberty County
+10.6%

How many homes are available in Harris County, TX?

Number of Homes For Sale

Nov 2021Dec 2021%
15,53613,558-12.7%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 435405
-6.9%
2 1,7841,581
-11.4%
3 6,9826,148
-11.9%
4 4,9554,209
-15.1%
5+ 1,3801,215
-12.0%

Number of Homes Sold

Nov 2021Dec 2021%
4,4434,435-0.2%

Asking Price vs. Sold Price

2,077 Homes Were Sold
Under Asking

926 Homes Were Sold
At Asking

1,428 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harris County, you may be able to get a good deal. 46.9% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
35 Days28 Days-19.1%

Breakdown of Home Sale Times

3,145 Homes Were Sold
Under 30 Days

938 Homes Were Sold
In 30 - 90 Days

348 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

About Harris County, TX

Homes for sale in Harris County, TX have reached 13,558. In December 2021 in Harris County, TX there were 12.7% less homes for sale than in November 2021. The median list price of listings available in December 2021 was $284,991, while the average time on the real estate market was 28 days. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 9.6%, 2 bedrooms properties became 14.6% more expensive, the cost of 3 bedrooms properties went up by 17.1%, prices of 4 bedrooms properties increased by 18%, prices of 5 bedrooms properties went up by 16.8%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory decreased by 6.9%, 2 bedrooms homes became 11.4% less available, volume of 3 bedrooms homes went down by 11.9%, the quantity of 4 bedrooms homes went down by 15.1%, number of 5 bedrooms homes decreased by 12%. Over 1428 listings were sold over their listed price in December 2021 in Harris County, TX. In the same period over 2077 listings were sold below the listed price and 926 listings were sold for the listed price.

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