Is Texas City-League City, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Texas City-League City is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Texas City-League City has remained a Seller's Market.

Key Takeaway

Texas City-League City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Texas City-League City, TX

How much do homes in Texas City-League City, TX cost?

Median Sold Price

$326,025

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$1,698(+0.5%)

Key Takeaway

Homes in Texas City-League City have sold for 0.5% more than they did a year ago.

Summary: The median home sold price in Texas City-League City was $326,025 in March 2024, up 0.5% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $160K$158K
-1.3%
2 $180K$187.5K
+4.2%
3 $280.8K$277.4K
-1.2%
4 $381.7K$393K
+3.0%
5+ $550K$599.5K
+9.0%

Summary: Texas City-League City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 9%.

Median Sold Price Compared To Nearby Cities

Webster
+16.0%
League City
+2.7%
Dickinson
+2.2%
Texas City-League City
0.5%
Nassau Bay
-5.6%

Housing Supply in Texas City-League City, TX

How many homes are available in Texas City-League City, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,1041,268+14.9%

Summary: The Texas City-League City real estate market had 1,268 homes for sale in March 2024, a 14.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1214
+16.7%
2 8398
+18.1%
3 450502
+11.6%
4 458534
+16.6%
5+ 101120
+18.8%

Summary: The Texas City-League City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 18.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
203215+5.9%

Asking Price vs. Sold Price

131 Homes Were Sold
Under Asking

48 Homes Were Sold
At Asking

36 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Texas City-League City, you may be able to get a good deal. 60.9% of homes here sold below asking price last month.

Summary: A total of 215 homes were sold or pending in Texas City-League City in March 2024, up by 5.9% month-over-month. Of the 215 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% were sold over asking.

Days on Market for Texas City-League City, TX

How long does it take to sell a home in Texas City-League City, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
57 Days47 Days-16.8%

Summary: Homes in Texas City-League City had an average of 47 days on market in Mar 2024, down by 16.8% compared to last year.

Breakdown of Home Sale Times

115 Homes Were Sold
Under 30 Days

62 Homes Were Sold
In 30 - 90 Days

38 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Texas City-League City are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 215 homes were sold in Texas City-League City; 53% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% 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 24 Days Ago

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