Is Harris County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
Key Takeaway
Homes in Harris County have sold for 10.2% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | $125.9K | $139.3K | +10.7% |
| 2 Bedrooms | $195K | $208.8K | +7.1% |
| 3 Bedrooms | $251.7K | $280.5K | +11.5% |
| 4 Bedrooms | $318.8K | $360K | +12.9% |
| 5+ Bedrooms | $454.9K | $524.2K | +15.2% |
Median Sold Price Compared To Nearby Counties
| Waller County | $286.8K | $333.1K | +16.1% |
| Galveston County | $300.9K | $343.9K | +14.3% |
| Montgomery County | $336.3K | $375K | +11.5% |
| Harris County | $284.9K | $313.8K | +10.2% |
| Liberty County | $244.1K | $260K | +6.5% |
How many homes are available in Harris County, TX?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 12,938 | 12,924 | -0.1% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 288 | 305 | +5.9% |
| 2 Bedrooms | 1,313 | 1,262 | -3.9% |
| 3 Bedrooms | 5,855 | 5,887 | 0.5% |
| 4 Bedrooms | 4,318 | 4,304 | -0.3% |
| 5+ Bedrooms | 1,164 | 1,166 | 0.2% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 2,713 | 2,544 | -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
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 2021 | Dec 2022 | % |
|---|---|---|
| 29 Days | 39 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
Key Takeaway
Many homes in Harris County are selling fast, if you're buying plan to act quickly.
Disclaimer: Certain information contained herein is derived from information which is the property of, and copyrighted by, Houston Realtors Information Service, Inc. The listing information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Copyright© 2023 Houston Realtors Information Service, Inc. All rights reserved.
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