Is Meadows Place, 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, Meadows Place was a Seller's Market.
Housing Prices in Meadows Place, TX
How much do homes in Meadows Place, TX cost?
Median Sold Price
$300,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Meadows Place was $300,000 in April 2024, up 6.4% 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 | - | - | N/A |
2 Bedrooms | $185.3K | - | N/A |
3 Bedrooms | $285K | $293.5K | +3.0% |
4 Bedrooms | $278K | $320K | +15.1% |
5+ Bedrooms | $323.5K | $340K | +5.1% |
Summary: Meadows Place 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 did not change, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
Meadows Place | $282K | $300K | +6.4% |
Stafford-Missouri City | $325.5K | $327.2K | 0.5% |
Stafford | $292.4K | $285K | -2.5% |
Houston | $325.4K | $315.1K | -3.2% |
Housing Supply in Meadows Place, TX
How many homes are available in Meadows Place, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 12 | +140.0% |
Summary: The Meadows Place real estate market had 12 homes for sale in April 2024, a 140.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 1 | 7 | +600.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Meadows Place 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 600%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Meadows Place in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Meadows Place, TX
How long does it take to sell a home in Meadows Place, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 30 Days | -4.1% |
Summary: Homes in Meadows Place had an average of 30 days on market in Apr 2024, down by 4.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Meadows Place; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.