Is Sharpstown, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Sharpstown has remained a Seller's Market.
Housing Prices in Sharpstown, TX
How much do homes in Sharpstown, TX cost?
Median Sold Price
$219,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sharpstown was $219,000 in April 2024, down 2.7% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $74K | $99.7K | +34.8% |
2 Bedrooms | $132K | $138.5K | +4.9% |
3 Bedrooms | $246.5K | $250K | +1.4% |
4 Bedrooms | $296K | $295K | -0.3% |
5+ Bedrooms | $290K | $400K | +37.9% |
Summary: Sharpstown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.8%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 37.9%.
Median Sold Price Compared To Nearby Neighborhoods
Braeburn | $201K | $241K | +19.9% |
South Gessner | $210K | $213.8K | +1.8% |
Sharpstown | $225K | $219K | -2.7% |
Housing Supply in Sharpstown, TX
How many homes are available in Sharpstown, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
90 | 116 | +28.9% |
Summary: The Sharpstown real estate market had 116 homes for sale in April 2024, a 28.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 17 | +41.7% |
2 Bedrooms | 29 | 39 | +34.5% |
3 Bedrooms | 28 | 33 | +17.9% |
4 Bedrooms | 17 | 19 | +11.8% |
5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The Sharpstown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 41.7%, 2 bedroom homes increased by 34.5%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 21 | +31.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Sharpstown in April 2024, up by 31.3% month-over-month. Of the 21 sold homes, 71% were sold under asking, 19% were sold at asking, and 10% were sold over asking.
Days on Market for Sharpstown, TX
How long does it take to sell a home in Sharpstown, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 32 Days | -34.9% |
Summary: Homes in Sharpstown had an average of 32 days on market in Apr 2024, down by 34.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Sharpstown; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.