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 April 2023

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.

Housing Prices in Harris County, TX

How much do homes in Harris County, TX cost?

Median Sold Price

$319,672

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,505(+1.8%)

Key Takeaway

Homes in Harris County have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Harris County was $319,672 in April 2024, up 1.8% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $140.1K$130.3K
-7.0%
2 $205K$212.3K
+3.6%
3 $280.1K$285K
+1.7%
4 $360.9K$365K
+1.1%
5+ $537.5K$550K
+2.3%

Summary: Harris County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 2.3%.

Median Sold Price Compared To Nearby Counties

Harris County
+1.8%
Liberty County
+0.8%
Waller County
+0.7%
Galveston County
-1.2%
Montgomery County
-2.0%

Housing Supply in Harris County, TX

How many homes are available in Harris County, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
16,20819,114+17.9%

Summary: The Harris County real estate market had 19,114 homes for sale in April 2024, a 17.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 457512
+12.0%
2 1,7642,070
+17.3%
3 7,3268,522
+16.3%
4 5,1996,250
+20.2%
5+ 1,4621,760
+20.4%

Summary: The Harris County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes increased by 20.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3,3943,666+8.0%

Asking Price vs. Sold Price

2,107 Homes Were Sold
Under Asking

870 Homes Were Sold
At Asking

689 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. 57.5% of homes here sold below asking price last month.

Summary: A total of 3,666 homes were sold or pending in Harris County in April 2024, up by 8.0% month-over-month. Of the 3,666 sold homes, 57% were sold under asking, 24% were sold at asking, and 19% 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

Apr 2023Apr 2024CHANGE
41 Days38 Days-8.0%

Summary: Homes in Harris County had an average of 38 days on market in Apr 2024, down by 8% compared to last year.

Breakdown of Home Sale Times

2,315 Homes Were Sold
Under 30 Days

897 Homes Were Sold
In 30 - 90 Days

454 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.

Summary: During April 2024, 3666 homes were sold in Harris County; 63% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% 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 19 Days Ago

Newest Listings in Harris County, TX

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