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 seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Southeast Harris has remained a Seller's Market.

Key Takeaway

Southeast Harris is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Southeast Harris, TX

How much do homes in Southeast Harris, TX cost?

Median Sold Price

$299,931

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$24,931(+9.1%)

Key Takeaway

Homes in Southeast Harris have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Southeast Harris was $299,931 in March 2024, up 9.1% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $105K$93.7K
-10.7%
2 $185K$198.5K
+7.3%
3 $258.3K$267.2K
+3.4%
4 $334K$360K
+7.8%
5+ $415K$399.9K
-3.6%

Summary: Southeast Harris housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.7%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 3.6%.

Median Sold Price Compared To Nearby Cities

La Porte
+13.6%
Southeast Harris
+9.1%
Taylor Lake Village
+5.4%
El Lago
-0.2%

Housing Supply in Southeast Harris, TX

How many homes are available in Southeast Harris, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
436506+16.1%

Summary: The Southeast Harris real estate market had 506 homes for sale in March 2024, a 16.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1414
0.0%
2 3445
+32.4%
3 205249
+21.5%
4 137145
+5.8%
5+ 4653
+15.2%

Summary: The Southeast Harris 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 32.4%, 3 bedroom homes increased by 21.5%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 15.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
7296+33.3%

Asking Price vs. Sold Price

61 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

13 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. 63.5% of homes here sold below asking price last month.

Summary: A total of 96 homes were sold or pending in Southeast Harris in March 2024, up by 33.3% month-over-month. Of the 96 sold homes, 64% were sold under asking, 23% were sold at asking, and 14% 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

Mar 2023Mar 2024CHANGE
38 Days50 Days+29.9%

Summary: Homes in Southeast Harris had an average of 50 days on market in Mar 2024, up by 29.9% compared to last year.

Breakdown of Home Sale Times

48 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

21 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 March 2024, 96 homes were sold in Southeast Harris; 50% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 22% 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 22 Days Ago

Newest Listings in Southeast Harris, TX

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