Is Mont Belvieu, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Mont Belvieu was a Seller's Market.
Housing Prices in Mont Belvieu, TX
How much do homes in Mont Belvieu, TX cost?
Median Sold Price
$430,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mont Belvieu was $430,000 in March 2024, up 8.9% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $237.5K | - | N/A |
3 Bedrooms | $358.5K | $375K | +4.6% |
4 Bedrooms | $410K | $440K | +7.3% |
5+ Bedrooms | $485K | $465K | -4.1% |
Summary: Mont Belvieu housing prices by bedroom type for March 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 4.6%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Cities
Mont Belvieu | $394.9K | $430K | +8.9% |
Liberty-Dayton | $285K | $306.5K | +7.5% |
Baytown | $275K | $275K | 0.0% |
Northeast Harris | $272.9K | $270K | -1.1% |
Housing Supply in Mont Belvieu, TX
How many homes are available in Mont Belvieu, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
58 | 51 | -12.1% |
Summary: The Mont Belvieu real estate market had 51 homes for sale in March 2024, a 12.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 23 | 22 | -4.3% |
4 Bedrooms | 28 | 22 | -21.4% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Mont Belvieu housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 7 | -65.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Mont Belvieu in March 2024, down by 65.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Mont Belvieu, TX
How long does it take to sell a home in Mont Belvieu, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
58 Days | 53 Days | -8.3% |
Summary: Homes in Mont Belvieu had an average of 53 days on market in Mar 2024, down by 8.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Mont Belvieu; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.