$3,750,000
15.00 Acres
Land
Christine George, Listing Office: Deitra Robertson Real Estate, Inc.
Is Tomball, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Tomball has remained a Seller's Market.
Key Takeaway
Tomball is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tomball, TX
How much do homes in Tomball, TX cost?
Median Sold Price
$385,001
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$12,210(+3.3%)
Key Takeaway
Homes in Tomball have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Tomball was $385,001 in August 2024, up 3.3% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $280K | N/A |
| 2 Bedrooms | $242K | $271K | +12.0% |
| 3 Bedrooms | $301.7K | $311.5K | +3.2% |
| 4 Bedrooms | $420K | $431.6K | +2.8% |
| 5+ Bedrooms | $544.5K | $650K | +19.4% |
Summary: Tomball housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 19.4%.
Median Sold Price Compared To Nearby Cities
| Northwest Harris | $330.8K | $344.8K | +4.2% |
| Tomball | $372.7K | $385K | +3.3% |
| Pinehurst | $418K | $392.5K | -6.1% |
Housing Supply in Tomball, TX
How many homes are available in Tomball, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 607 | 664 | +9.4% |
Summary: The Tomball real estate market had 664 homes for sale in August 2024, a 9.4% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 5 | 10 | +100.0% |
| 3 Bedrooms | 214 | 227 | +6.1% |
| 4 Bedrooms | 311 | 330 | +6.1% |
| 5+ Bedrooms | 75 | 94 | +25.3% |
Summary: The Tomball housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 25.3%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 155 | 114 | -26.5% |
Asking Price vs. Sold Price
83 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tomball, you may be able to get a good deal. 72.8% of homes here sold below asking price last month.
Summary: A total of 114 homes were sold or pending in Tomball in August 2024, down by 26.5% month-over-month. Of the 114 sold homes, 73% were sold under asking, 16% were sold at asking, and 11% were sold over asking.
Days on Market for Tomball, TX
How long does it take to sell a home in Tomball, TX?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 25 Days | 40 Days | +58.1% |
Summary: Homes in Tomball had an average of 40 days on market in Aug 2024, up by 58.1% compared to last year.
Breakdown of Home Sale Times
61 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tomball are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 114 homes were sold in Tomball; 54% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.