Is La Marque-Hitchcock, 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, La Marque-Hitchcock was a Seller's Market.
Housing Prices in La Marque-Hitchcock, TX
How much do homes in La Marque-Hitchcock, TX cost?
Median Sold Price
$286,722
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in La Marque-Hitchcock was $286,722 in April 2024, down 1.2% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $107K | $222.5K | +107.9% |
2 Bedrooms | $279.9K | $299K | +6.8% |
3 Bedrooms | $265K | $270.9K | +2.2% |
4 Bedrooms | $306K | $299.9K | -2.0% |
5+ Bedrooms | $345K | $329.4K | -4.5% |
Summary: La Marque-Hitchcock housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 107.9%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Cities
Hitchcock | $280K | $306K | +9.3% |
La Marque | $255K | $277.2K | +8.7% |
Bayou Vista | $421.2K | $416.7K | -1.1% |
La Marque-Hitchcock | $290.1K | $286.7K | -1.2% |
Tiki Island | $830K | $750K | -9.6% |
Housing Supply in La Marque-Hitchcock, TX
How many homes are available in La Marque-Hitchcock, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
224 | 276 | +23.2% |
Summary: The La Marque-Hitchcock real estate market had 276 homes for sale in April 2024, a 23.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 28 | 33 | +17.9% |
3 Bedrooms | 122 | 152 | +24.6% |
4 Bedrooms | 59 | 73 | +23.7% |
5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The La Marque-Hitchcock 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 17.9%, 3 bedroom homes increased by 24.6%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 35 | +34.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in La Marque-Hitchcock in April 2024, up by 34.6% month-over-month. Of the 35 sold homes, 43% were sold under asking, 34% were sold at asking, and 23% were sold over asking.
Days on Market for La Marque-Hitchcock, TX
How long does it take to sell a home in La Marque-Hitchcock, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
56 Days | 55 Days | -2.4% |
Summary: Homes in La Marque-Hitchcock had an average of 55 days on market in Apr 2024, down by 2.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in La Marque-Hitchcock; 40% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.