Is La Marque, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, La Marque has remained a Buyer's Market.
Housing Prices in La Marque, TX
How much do homes in La Marque, TX cost?
Median Sold Price
$281,799
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in La Marque was $281,799 in February 2024, up 17.4% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $115.4K | +35.8% |
2 Bedrooms | $159.9K | $143K | -10.6% |
3 Bedrooms | $225K | $252K | +12.0% |
4 Bedrooms | $294K | $315K | +7.1% |
5+ Bedrooms | $365.7K | $326K | -10.9% |
Summary: La Marque housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.8%, 2 bedroom homes decreased by 10.6%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 10.9%.
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% |
Texas City | $237.4K | $248K | +4.4% |
Texas City-League City | $324.8K | $324.7K | 0% |
Housing Supply in La Marque, TX
How many homes are available in La Marque, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
181 | 207 | +14.4% |
Summary: The La Marque real estate market had 207 homes for sale in February 2024, a 14.4% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 9 | 7 | -22.2% |
3 Bedrooms | 92 | 109 | +18.5% |
4 Bedrooms | 74 | 81 | +9.5% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The La Marque housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
30 | 19 | -36.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in La Marque in February 2024, down by 36.7% month-over-month. Of the 19 sold homes, 42% were sold under asking, 42% were sold at asking, and 16% were sold over asking.
Days on Market for La Marque, TX
How long does it take to sell a home in La Marque, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
114 Days | 75 Days | -34.2% |
Summary: Homes in La Marque had an average of 75 days on market in Feb 2024, down by 34.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 19 homes were sold in La Marque; 42% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.