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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northwest Harris is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Northwest Harris, TX

How much do homes in Northwest Harris, TX cost?

Median Sold Price

$334,999

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$797(-0.2%)

Key Takeaway

The sold price of homes in Northwest Harris has remained the same since last year.

Summary: The median home sold price in Northwest Harris was $334,999 in March 2024, down 0.2% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $109K$134K
+22.9%
2 $185.2K$195.9K
+5.8%
3 $276.8K$278.8K
+0.7%
4 $370.2K$374.5K
+1.2%
5+ $514.5K$540.1K
+5.0%

Summary: Northwest Harris housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.9%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 5%.

Median Sold Price Compared To Nearby Cities

Tomball
+3.9%
Hockley
0.4%
Northwest Harris
-0.2%
Spring
-4.7%
Pinehurst
-12.5%

Housing Supply in Northwest Harris, TX

How many homes are available in Northwest Harris, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2,9583,454+16.8%

Summary: The Northwest Harris real estate market had 3,454 homes for sale in March 2024, a 16.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1413
-7.1%
2 79106
+34.2%
3 1,0631,252
+17.8%
4 1,3831,613
+16.6%
5+ 419470
+12.2%

Summary: The Northwest Harris housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 34.2%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 12.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
666672+0.9%

Asking Price vs. Sold Price

412 Homes Were Sold
Under Asking

157 Homes Were Sold
At Asking

101 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northwest Harris, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 672 homes were sold or pending in Northwest Harris in March 2024, up by 0.9% month-over-month. Of the 670 sold homes, 61% were sold under asking, 23% were sold at asking, and 15% were sold over asking.

Days on Market for Northwest Harris, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
46 Days42 Days-8.1%

Summary: Homes in Northwest Harris had an average of 42 days on market in Mar 2024, down by 8.1% compared to last year.

Breakdown of Home Sale Times

390 Homes Were Sold
Under 30 Days

187 Homes Were Sold
In 30 - 90 Days

95 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 672 homes were sold in Northwest Harris; 58% of homes were sold within 30 days, 28% 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 18 Days Ago

Newest Listings in Northwest Harris, TX

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