Is Northeast Harris, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Harris is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Northeast Harris has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Northeast Harris, TX

How much do homes in Northeast Harris, TX cost?

Median Sold Price

$270,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$2,934(-1.1%)

Key Takeaway

Homes in Northeast Harris have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Northeast Harris was $270,000 in March 2024, down 1.1% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $232.5K$88K
-62.2%
2 $199K$197.4K
-0.8%
3 $250K$250K
0.0%
4 $302.5K$297.1K
-1.8%
5+ $359.9K$339.9K
-5.5%

Summary: Northeast Harris housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.2%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes did not change, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 5.5%.

Median Sold Price Compared To Nearby Cities

Mont Belvieu
+8.9%
Crosby
+1.3%
Northeast Harris
-1.1%
Highlands
-2.6%
Huffman
-21.3%

Housing Supply in Northeast Harris, TX

How many homes are available in Northeast Harris, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
381453+18.9%

Summary: The Northeast Harris real estate market had 453 homes for sale in March 2024, a 18.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 1417
+21.4%
3 191227
+18.8%
4 151180
+19.2%
5+ 2226
+18.2%

Summary: The Northeast Harris 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 21.4%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
6786+28.4%

Asking Price vs. Sold Price

50 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast Harris, you may be able to get a good deal. 58.1% of homes here sold below asking price last month.

Summary: A total of 86 homes were sold or pending in Northeast Harris in March 2024, up by 28.4% month-over-month. Of the 86 sold homes, 58% were sold under asking, 24% were sold at asking, and 17% were sold over asking.

Days on Market for Northeast Harris, TX

How long does it take to sell a home in Northeast Harris, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
56 Days47 Days-15.5%

Summary: Homes in Northeast Harris had an average of 47 days on market in Mar 2024, down by 15.5% compared to last year.

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

17 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 86 homes were sold in Northeast Harris; 55% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 20% 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 24 Days Ago

Newest Listings in Northeast Harris, TX

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