Is Houston, 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, Houston has remained a Seller's Market.
How much do homes in Houston, TX cost?
Median Sold Price
$335,963
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
Median Sold Price By Bedroom Count
# BEDS | Dec 2021 | Dec 2022 | % |
---|---|---|---|
1 Bedroom | $129.9K | $143K | +10.1% |
2 Bedrooms | $219.8K | $222K | +1.0% |
3 Bedrooms | $330.4K | $347K | +5.0% |
4 Bedrooms | $382.8K | $410.8K | +7.3% |
5+ Bedrooms | $675.2K | $721.5K | +6.9% |
Median Sold Price Compared To Nearby Cities
Hedwig Village | $1.0M | $1.2M | +26.0% |
Hunters Creek Village | $1.6M | $1.8M | +11.1% |
Spring Valley Village | $1.0M | $1.1M | +10.4% |
Houston | $319.7K | $335.9K | +5.1% |
How many homes are available in Houston, TX?
Number of Homes For Sale
Nov 2022 | Dec 2022 | % |
---|---|---|
6,265 | 6,323 | +0.9% |
Homes For Sale By Bedroom Count
# BEDS | Nov 2022 | Dec 2022 | % |
---|---|---|---|
1 Bedroom | 259 | 274 | +5.8% |
2 Bedrooms | 1,070 | 1,047 | -2.1% |
3 Bedrooms | 3,059 | 3,140 | +2.6% |
4 Bedrooms | 1,491 | 1,461 | -2.0% |
5+ Bedrooms | 386 | 401 | +3.9% |
Number of Homes Sold
Nov 2022 | Dec 2022 | % |
---|---|---|
1,236 | 1,157 | -6.4% |
Asking Price vs. Sold Price
772 Homes Were Sold
Under Asking
229 Homes Were Sold
At Asking
155 Homes Were Sold
Over Asking
Average Sale Time
Dec 2021 | Dec 2022 | % |
---|---|---|
38 Days | 40 Days | +5.7% |
Breakdown of Home Sale Times
655 Homes Were Sold
Under 30 Days
354 Homes Were Sold
In 30 - 90 Days
147 Homes Were Sold
Over 90 Days