Is New Caney, 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, New Caney was a Seller's Market.
Housing Prices in New Caney, TX
How much do homes in New Caney, TX cost?
Median Sold Price
$293,128
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in New Caney was $293,128 in March 2024, down 6.5% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $395K | $40K | -89.9% |
2 Bedrooms | $197.7K | $215K | +8.7% |
3 Bedrooms | $270K | $261K | -3.3% |
4 Bedrooms | $343.7K | $311.1K | -9.5% |
5+ Bedrooms | $360K | $357.2K | -0.8% |
Summary: New Caney housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 89.9%, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Cities
Woodbranch | $280K | $297.5K | +6.3% |
Roman Forest | $344.8K | $345K | 0.1% |
Porter | $329.8K | $315K | -4.5% |
New Caney | $313.6K | $293.1K | -6.5% |
Housing Supply in New Caney, TX
How many homes are available in New Caney, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
186 | 213 | +14.5% |
Summary: The New Caney real estate market had 213 homes for sale in March 2024, a 14.5% increase 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 | 2 | 3 | +50.0% |
3 Bedrooms | 73 | 89 | +21.9% |
4 Bedrooms | 100 | 109 | +9.0% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The New Caney 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 increased by 50%, 3 bedroom homes increased by 21.9%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 34 | +30.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in New Caney in March 2024, up by 30.8% month-over-month. Of the 34 sold homes, 21% were sold under asking, 62% were sold at asking, and 18% were sold over asking.
Days on Market for New Caney, TX
How long does it take to sell a home in New Caney, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
61 Days | 52 Days | -15.1% |
Summary: Homes in New Caney had an average of 52 days on market in Mar 2024, down by 15.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 34 homes were sold in New Caney; 53% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.