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 September 2021

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.

How much do homes in Northwest Harris, TX cost?

Median Sold Price

$329,869

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$45,473(+16.0%)

Key Takeaway

Homes in Northwest Harris have sold for 16% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $90K$107.5K
+19.4%
2 $160K$185.1K
+15.7%
3 $234.4K$270.5K
+15.4%
4 $309.4K$360.2K
+16.4%
5+ $416.7K$493.4K
+18.4%

Median Sold Price Compared To Nearby Cities

Tomball
+24.0%
Hockley
+16.1%
Northwest Harris
+16.0%
Spring
+13.5%
Pinehurst
-10.2%

How many homes are available in Northwest Harris, TX?

Number of Homes For Sale

Aug 2022Sep 2022%
3,2333,224-0.3%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 128
-33.3%
2 7595
+26.7%
3 1,1541,131
-2.0%
4 1,5601,559
-0.1%
5+ 432431
-0.2%

Number of Homes Sold

Aug 2022Sep 2022%
1,020812-20.4%

Asking Price vs. Sold Price

416 Homes Were Sold
Under Asking

192 Homes Were Sold
At Asking

201 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. 51.4% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
15 Days21 Days+40.9%

Breakdown of Home Sale Times

608 Homes Were Sold
Under 30 Days

184 Homes Were Sold
In 30 - 90 Days

17 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Northwest Harris, TX

Northwest Harris, TX has 3,224 homes for sale to choose from. The inventory of homes for sale in Northwest Harris, TX between August 2022 and September 2022 decreased by 0.3%. While the average time on the market in September 2022 was 21 days, the median list price was $329,869. This housing market listing prices have changed between August 2022 and September 2022: the cost of 1 bedroom properties went up by 19.4%, prices of 2 bedrooms properties went up by 15.7%, 3 bedrooms properties prices increased by 15.4%, the cost of 4 bedrooms properties went up by 16.4%, prices of 5 bedrooms properties went up by 18.4%. This housing market inventory have changed: 1 bedroom homes inventory decreased by 33.3%, 2 bedrooms homes inventory increased by 26.7%, 3 bedrooms homes inventory decreased by 2%, 4 bedrooms homes became 0.1% less available, 5 bedrooms homes inventory decreased by 0.2%. In September 2022, from all listings sold in Northwest Harris, TX there were more than 201 sold above asking price, over 416 sold below and more than 192 were sold right at the asked price.

Related Housing Market Reports