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 June 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

$339,968

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$5,203(+1.6%)

Key Takeaway

Homes in Northwest Harris have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in Northwest Harris was $339,968 in June 2024, up 1.6% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $119.4K$131.5K
+10.0%
2 $189.9K$202K
+6.3%
3 $275K$282.8K
+2.8%
4 $371.1K$379.2K
+2.2%
5+ $519.3K$530.9K
+2.2%

Summary: Northwest Harris housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Cities

Hockley
+8.6%
Tomball
+1.8%
Northwest Harris
+1.6%
Spring
0.0%
Pinehurst
-16.3%

Housing Supply in Northwest Harris, TX

How many homes are available in Northwest Harris, TX?

Number of Homes For Sale

May 2024Jun 2024CHANGE
4,1164,695+14.1%

Summary: The Northwest Harris real estate market had 4,695 homes for sale in June 2024, a 14.1% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 1819
+5.6%
2 104109
+4.8%
3 1,3821,537
+11.2%
4 1,9852,302
+16.0%
5+ 627728
+16.1%

Summary: The Northwest Harris housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 16.1%.

Number of Homes Sold

May 2024Jun 2024CHANGE
981819-16.5%

Asking Price vs. Sold Price

466 Homes Were Sold
Under Asking

215 Homes Were Sold
At Asking

138 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. 56.9% of homes here sold below asking price last month.

Summary: A total of 819 homes were sold or pending in Northwest Harris in June 2024, down by 16.5% month-over-month. Of the 819 sold homes, 57% were sold under asking, 26% were sold at asking, and 17% 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

Jun 2023Jun 2024CHANGE
31 Days31 Days-0.1%

Summary: Homes in Northwest Harris had an average of 31 days on market in Jun 2024, down by 0.1% compared to last year.

Breakdown of Home Sale Times

553 Homes Were Sold
Under 30 Days

193 Homes Were Sold
In 30 - 90 Days

73 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 June 2024, 819 homes were sold in Northwest Harris; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 9% 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 26 Days Ago

Newest Listings in Northwest Harris, TX

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