Is Houston Gardens, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Houston Gardens was a Seller's Market.
Housing Prices in Houston Gardens, TX
How much do homes in Houston Gardens, TX cost?
Median Sold Price
$212,000
$158/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in Houston Gardens was $212,000 in April 2024, the same as last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $70K | N/A |
2 Bedrooms | $150K | $135K | -10.0% |
3 Bedrooms | $220K | $223.9K | +1.8% |
4 Bedrooms | $218K | $250K | +14.7% |
5+ Bedrooms | $499K | $220K | -55.9% |
Summary: Houston Gardens housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes decreased by 55.9%.
Median Sold Price Compared To Nearby Neighborhoods
Eastex - Jensen Area | $217.7K | $250K | +14.8% |
Northeast Houston | $212.3K | $218K | +2.7% |
Settegast | $238.9K | $240K | 0.4% |
Houston Gardens | $212K | $212K | 0.0% |
Housing Supply in Houston Gardens, TX
How many homes are available in Houston Gardens, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 81 | +15.7% |
Summary: The Houston Gardens real estate market had 81 homes for sale in April 2024, a 15.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 19 | 20 | +5.3% |
3 Bedrooms | 34 | 41 | +20.6% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Houston Gardens housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 8 | -38.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Houston Gardens in April 2024, down by 38.5% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% were sold over asking.
Days on Market for Houston Gardens, TX
How long does it take to sell a home in Houston Gardens, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 28 Days | -36.2% |
Summary: Homes in Houston Gardens had an average of 28 days on market in Apr 2024, down by 36.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Houston Gardens; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.