Is Hitchcock, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Hitchcock was a Seller's Market.
Housing Prices in Hitchcock, TX
How much do homes in Hitchcock, TX cost?
Median Sold Price
$324,990
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Hitchcock was $324,990 in February 2024, up 41.9% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $225K | N/A |
2 Bedrooms | $215K | $298.9K | +39.0% |
3 Bedrooms | $195.5K | $350.5K | +79.3% |
4 Bedrooms | $291.1K | $310.2K | +6.5% |
5+ Bedrooms | $345K | $687.5K | +99.3% |
Summary: Hitchcock housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 39%, 3 bedroom homes increased by 79.3%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 99.3%.
Median Sold Price Compared To Nearby Cities
Hitchcock | $229K | $324.9K | +41.9% |
La Marque | $240K | $281.7K | +17.4% |
La Marque-Hitchcock | $282K | $295.5K | +4.8% |
Bayou Vista | $427K | $413.5K | -3.2% |
Tiki Island | $835K | $757.5K | -9.3% |
Housing Supply in Hitchcock, TX
How many homes are available in Hitchcock, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
64 | 84 | +31.3% |
Summary: The Hitchcock real estate market had 84 homes for sale in February 2024, a 31.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 12 | 15 | +25.0% |
3 Bedrooms | 29 | 38 | +31.0% |
4 Bedrooms | 17 | 23 | +35.3% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Hitchcock housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Hitchcock in February 2024, up by 12.5% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for Hitchcock, TX
How long does it take to sell a home in Hitchcock, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
99 Days | 37 Days | -62.6% |
Summary: Homes in Hitchcock had an average of 37 days on market in Feb 2024, down by 62.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 9 homes were sold in Hitchcock; 44% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.