Is Roman Forest, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Roman Forest was a Seller's Market.
Housing Prices in Roman Forest, TX
How much do homes in Roman Forest, TX cost?
Median Sold Price
$345,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Roman Forest was $345,000 in March 2024, up 0.1% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $310.6K | $297.5K | -4.2% |
4 Bedrooms | $352.7K | $387.5K | +9.9% |
5+ Bedrooms | $345.3K | $399.9K | +15.8% |
Summary: Roman Forest housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
Woodbranch | $280K | $297.5K | +6.3% |
Roman Forest | $344.8K | $345K | 0.1% |
Southeast Montgomery | $372.3K | $356K | -4.4% |
New Caney | $313.6K | $293.1K | -6.5% |
Housing Supply in Roman Forest, TX
How many homes are available in Roman Forest, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 29 | +20.8% |
Summary: The Roman Forest real estate market had 29 homes for sale in March 2024, a 20.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 12 | 13 | +8.3% |
4 Bedrooms | 12 | 15 | +25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Roman Forest housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Roman Forest in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Roman Forest, TX
How long does it take to sell a home in Roman Forest, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
90 Days | 93 Days | +3.2% |
Summary: Homes in Roman Forest had an average of 93 days on market in Mar 2024, up by 3.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Roman Forest; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.