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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast Harris is a neutral's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Southeast Harris was a Seller's Market.

Key Takeaway

Southeast Harris is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Southeast Harris, TX

How much do homes in Southeast Harris, TX cost?

Median Sold Price

$299,959

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$12,609(+4.4%)

Key Takeaway

Homes in Southeast Harris have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Southeast Harris was $299,959 in August 2024, up 4.4% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $98.7K$95K
-3.8%
2 $191.5K$196K
+2.3%
3 $260K$265.4K
+2.1%
4 $340K$357.9K
+5.3%
5+ $400K$397.9K
-0.5%

Summary: Southeast Harris housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 0.5%.

Median Sold Price Compared To Nearby Cities

Southeast Harris
+4.4%
La Porte
+4.0%
El Lago
+1.7%
Taylor Lake Village
-6.1%

Housing Supply in Southeast Harris, TX

How many homes are available in Southeast Harris, TX?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
522566+8.4%

Summary: The Southeast Harris real estate market had 566 homes for sale in August 2024, a 8.4% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 1314
+7.7%
2 3944
+12.8%
3 238266
+11.8%
4 184197
+7.1%
5+ 4845
-6.3%

Summary: The Southeast Harris housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 6.3%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
11089-19.1%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

28 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast Harris, you may be able to get a good deal. 59.6% of homes here sold below asking price last month.

Summary: A total of 89 homes were sold or pending in Southeast Harris in August 2024, down by 19.1% month-over-month. Of the 89 sold homes, 60% were sold under asking, 31% were sold at asking, and 9% were sold over asking.

Days on Market for Southeast Harris, TX

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

Average Sale Time

Aug 2023Aug 2024CHANGE
37 Days44 Days+20.5%

Summary: Homes in Southeast Harris had an average of 44 days on market in Aug 2024, up by 20.5% compared to last year.

Breakdown of Home Sale Times

51 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

17 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 89 homes were sold in Southeast Harris; 57% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 19% 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 16 Days Ago

Newest Listings in Southeast Harris, TX

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