Is Northeast Houston, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Northeast Houston was a Seller's Market.
Key Takeaway
Northeast Houston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Northeast Houston, TX
How much do homes in Northeast Houston, TX cost?
Median Sold Price
$218,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Northeast Houston have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Northeast Houston was $218,000 in April 2024, up 2.7% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.7K | $165K | -13.0% |
| 2 Bedrooms | $150K | $141K | -6.0% |
| 3 Bedrooms | $216.5K | $224.9K | +3.9% |
| 4 Bedrooms | $226K | $219.5K | -2.9% |
| 5+ Bedrooms | $282K | $275K | -2.5% |
Summary: Northeast Houston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13%, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Northeast Houston | $212.3K | $218K | +2.7% |
| Settegast | $238.9K | $240K | 0.4% |
| Pleasantville Area | $182K | $175K | -3.8% |
Housing Supply in Northeast Houston, TX
How many homes are available in Northeast Houston, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 586 | 722 | +23.2% |
Summary: The Northeast Houston real estate market had 722 homes for sale in April 2024, a 23.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 9 | +50.0% |
| 2 Bedrooms | 102 | 116 | +13.7% |
| 3 Bedrooms | 383 | 481 | +25.6% |
| 4 Bedrooms | 74 | 87 | +17.6% |
| 5+ Bedrooms | 21 | 29 | +38.1% |
Summary: The Northeast Houston housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 38.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 90 | 84 | -6.7% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast Houston, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.
Summary: A total of 84 homes were sold or pending in Northeast Houston in April 2024, down by 6.7% month-over-month. Of the 84 sold homes, 36% were sold under asking, 35% were sold at asking, and 30% were sold over asking.
Days on Market for Northeast Houston, TX
How long does it take to sell a home in Northeast Houston, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 61 Days | 42 Days | -31.5% |
Summary: Homes in Northeast Houston had an average of 42 days on market in Apr 2024, down by 31.5% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northeast Houston are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 84 homes were sold in Northeast Houston; 65% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.