Is La Porte, 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 Porte was a Seller's Market.
Housing Prices in La Porte, TX
How much do homes in La Porte, TX cost?
Median Sold Price
$285,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in La Porte was $285,000 in April 2024, up 12.6% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $61.8K | -38.2% |
2 Bedrooms | $155K | $178K | +14.8% |
3 Bedrooms | $245K | $255.9K | +4.5% |
4 Bedrooms | $315K | $350K | +11.1% |
5+ Bedrooms | $365K | $393K | +7.7% |
Summary: La Porte housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.2%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
La Porte | $253K | $285K | +12.6% |
Southeast Harris | $277.4K | $299.9K | +8.1% |
Pasadena | $239.9K | $245K | +2.1% |
Housing Supply in La Porte, TX
How many homes are available in La Porte, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
203 | 243 | +19.7% |
Summary: The La Porte real estate market had 243 homes for sale in April 2024, a 19.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 15 | 24 | +60.0% |
3 Bedrooms | 114 | 126 | +10.5% |
4 Bedrooms | 51 | 72 | +41.2% |
5+ Bedrooms | 21 | 19 | -9.5% |
Summary: The La Porte 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 60%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 41.2%, and 5+ bedroom homes decreased by 9.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 38 | -7.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in La Porte in April 2024, down by 7.3% month-over-month. Of the 38 sold homes, 37% were sold under asking, 42% were sold at asking, and 21% were sold over asking.
Days on Market for La Porte, TX
How long does it take to sell a home in La Porte, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 28 Days | -53.5% |
Summary: Homes in La Porte had an average of 28 days on market in Apr 2024, down by 53.5% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 38 homes were sold in La Porte; 63% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.