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 2021

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

$313,839

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$28,936(+10.2%)

Key Takeaway

Homes in Harris County have sold for 10.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $125.9K$139.3K
+10.7%
2 $195K$208.8K
+7.1%
3 $251.7K$280.5K
+11.5%
4 $318.8K$360K
+12.9%
5+ $454.9K$524.2K
+15.2%

Median Sold Price Compared To Nearby Counties

Waller County
+16.1%
Galveston County
+14.3%
Montgomery County
+11.5%
Harris County
+10.2%
Liberty County
+6.5%

How many homes are available in Harris County, TX?

Number of Homes For Sale

Nov 2022Dec 2022%
12,93812,924-0.1%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 288305
+5.9%
2 1,3131,262
-3.9%
3 5,8555,887
0.5%
4 4,3184,304
-0.3%
5+ 1,1641,166
0.2%

Number of Homes Sold

Nov 2022Dec 2022%
2,7132,544-6.2%

Asking Price vs. Sold Price

1,611 Homes Were Sold
Under Asking

536 Homes Were Sold
At Asking

390 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. 63.5% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
29 Days39 Days+35.9%

Breakdown of Home Sale Times

1,474 Homes Were Sold
Under 30 Days

750 Homes Were Sold
In 30 - 90 Days

313 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Harris County, TX

Harris County, TX has 12,924 homes for sale to choose from. In December 2022 in Harris County, TX there were 0.1% less homes for sale than in November 2022. Listings spent 39 days on the market in December 2022, and had a median list price of $313,839 during the same period. Listing prices have changed in this real estate market between November 2022 and December 2022: prices of 1 bedroom properties went up by 10.7%, the cost of 2 bedrooms properties went up by 7.1%, the cost of 3 bedrooms properties went up by 11.5%, 4 bedrooms properties became 12.9% more expensive, 5 bedrooms properties became 15.2% more expensive. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes went up by 5.9%, 2 bedrooms homes inventory decreased by 3.9%, the quantity of 3 bedrooms homes went up by 0.5%, 4 bedrooms homes became 0.3% less available, 5 bedrooms homes became 0.2% more available. Harris County, TX housing market in December 2022 saw over 390 listings sold above listed price, more than 536 sold at listed price and over 1611 sold below.

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