Is Huntsville, 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, Huntsville was a Seller's Market.
Housing Prices in Huntsville, TX
How much do homes in Huntsville, TX cost?
Median Sold Price
$262,686
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Huntsville was $262,686 in February 2024, down 2.7% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $89K | $87.5K | -1.7% |
2 Bedrooms | $138K | $156.2K | +13.2% |
3 Bedrooms | $270K | $268.9K | -0.4% |
4 Bedrooms | $310K | $286K | -7.7% |
5+ Bedrooms | $408.7K | $509K | +24.5% |
Summary: Huntsville housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes increased by 13.2%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 24.5%.
Housing Supply in Huntsville, TX
How many homes are available in Huntsville, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
219 | 258 | +17.8% |
Summary: The Huntsville real estate market had 258 homes for sale in February 2024, a 17.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 23 | 31 | +34.8% |
3 Bedrooms | 119 | 140 | +17.6% |
4 Bedrooms | 63 | 71 | +12.7% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Huntsville 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 34.8%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
21 | 34 | +61.9% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Huntsville in February 2024, up by 61.9% month-over-month. Of the 34 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.
Days on Market for Huntsville, TX
How long does it take to sell a home in Huntsville, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
60 Days | 73 Days | +21.7% |
Summary: Homes in Huntsville had an average of 73 days on market in Feb 2024, up by 21.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During February 2024, 34 homes were sold in Huntsville; 29% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.