Is Harris County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Harris County was a Seller's Market.
Housing Prices in Harris County, TX
How much do homes in Harris County, TX cost?
Median Sold Price
$320,036
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Harris County was $320,036 in June 2024, up 2.3% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $137.8K | $131.3K | -4.7% |
2 Bedrooms | $204.3K | $214K | +4.7% |
3 Bedrooms | $279.9K | $286.7K | +2.4% |
4 Bedrooms | $359.9K | $366.5K | +1.8% |
5+ Bedrooms | $542.5K | $545.1K | 0.5% |
Summary: Harris County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Counties
Harris County | $312.6K | $320K | +2.3% |
Waller County | $318.7K | $325K | +2.0% |
Galveston County | $337.4K | $340.9K | +1.0% |
Montgomery County | $364.8K | $366.3K | 0.4% |
Liberty County | $275.2K | $275.9K | 0.2% |
Housing Supply in Harris County, TX
How many homes are available in Harris County, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
18,322 | 20,716 | +13.1% |
Summary: The Harris County real estate market had 20,716 homes for sale in June 2024, a 13.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 450 | 538 | +19.6% |
2 Bedrooms | 1,872 | 2,079 | +11.1% |
3 Bedrooms | 8,059 | 9,001 | +11.7% |
4 Bedrooms | 6,178 | 7,065 | +14.4% |
5+ Bedrooms | 1,763 | 2,033 | +15.3% |
Summary: The Harris County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 19.6%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 15.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
4,114 | 3,303 | -19.7% |
Asking Price vs. Sold Price
1,925 Homes Were Sold
Under Asking
801 Homes Were Sold
At Asking
576 Homes Were Sold
Over Asking
Summary: A total of 3,303 homes were sold or pending in Harris County in June 2024, down by 19.7% month-over-month. Of the 3,302 sold homes, 58% were sold under asking, 24% were sold at asking, and 17% were sold over asking.
Days on Market for Harris County, TX
How long does it take to sell a home in Harris County, TX?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
32 Days | 35 Days | +8.4% |
Summary: Homes in Harris County had an average of 35 days on market in Jun 2024, up by 8.4% compared to last year.
Breakdown of Home Sale Times
2,117 Homes Were Sold
Under 30 Days
861 Homes Were Sold
In 30 - 90 Days
325 Homes Were Sold
Over 90 Days
Summary: During June 2024, 3303 homes were sold in Harris County; 64% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.