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 buyer's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Northeast Harris was a Seller's Market.

Key Takeaway

Northeast Harris is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Northeast Harris, TX

How much do homes in Northeast Harris, TX cost?

Median Sold Price

$268,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$3,000(+1.1%)

Key Takeaway

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

Summary: The median home sold price in Northeast Harris was $268,000 in August 2024, up 1.1% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $174K$88K
-49.4%
2 $200K$185K
-7.5%
3 $245K$250K
+2.0%
4 $294.9K$295K
0.0%
5+ $337.7K$346.5K
+2.6%

Summary: Northeast Harris housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.4%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Cities

Highlands
+5.1%
Northeast Harris
+1.1%
Crosby
+0.6%
Mont Belvieu
+0.6%
Huffman
-5.4%

Housing Supply in Northeast Harris, TX

How many homes are available in Northeast Harris, TX?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
419516+23.2%

Summary: The Northeast Harris real estate market had 516 homes for sale in August 2024, a 23.2% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 34
+33.3%
2 1722
+29.4%
3 207257
+24.2%
4 164202
+23.2%
5+ 2831
+10.7%

Summary: The Northeast Harris housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 29.4%, 3 bedroom homes increased by 24.2%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes increased by 10.7%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
4966+34.7%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

11 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. 56.1% of homes here sold below asking price last month.

Summary: A total of 66 homes were sold or pending in Northeast Harris in August 2024, up by 34.7% month-over-month. Of the 66 sold homes, 56% were sold under asking, 27% 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

Aug 2023Aug 2024CHANGE
51 Days53 Days+2.4%

Summary: Homes in Northeast Harris had an average of 53 days on market in Aug 2024, up by 2.4% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

9 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 August 2024, 66 homes were sold in Northeast Harris; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 14% 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 16 Days Ago

Newest Listings in Northeast Harris, TX

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