Is Nassau Bay, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nassau Bay is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Nassau Bay has remained a Seller's Market.

Key Takeaway

Nassau Bay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Nassau Bay, TX

How much do homes in Nassau Bay, TX cost?

Median Sold Price

$353,500

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$5,750(+1.7%)

Key Takeaway

Homes in Nassau Bay have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Nassau Bay was $353,500 in August 2024, up 1.7% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $200K$219.7K
+9.9%
2 $233.7K$292.7K
+25.3%
3 $351.7K$395K
+12.3%
4 $462K$400K
-13.4%
5+ $347.5K$442.5K
+27.3%

Summary: Nassau Bay housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.9%, 2 bedroom homes increased by 25.3%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes increased by 27.3%.

Median Sold Price Compared To Nearby Cities

Texas City-League City
+4.5%
League City
+2.8%
Nassau Bay
+1.7%
Webster
+1.4%
Pasadena
+1.3%

Housing Supply in Nassau Bay, TX

How many homes are available in Nassau Bay, TX?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
3642+16.7%

Summary: The Nassau Bay real estate market had 42 homes for sale in August 2024, a 16.7% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 32
-33.3%
2 46
+50.0%
3 1113
+18.2%
4 1517
+13.3%
5+ 34
+33.3%

Summary: The Nassau Bay housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nassau Bay, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Nassau Bay in August 2024, up by 50.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.

Days on Market for Nassau Bay, TX

How long does it take to sell a home in Nassau Bay, TX?

Average Sale Time

Aug 2023Aug 2024CHANGE
73 Days61 Days-16.1%

Summary: Homes in Nassau Bay had an average of 61 days on market in Aug 2024, down by 16.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nassau Bay are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 9 homes were sold in Nassau Bay; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

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