Is Webster, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Webster is a neutral's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

Webster 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 Webster, TX

How much do homes in Webster, TX cost?

Median Sold Price

$250,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$3,500(+1.4%)

Key Takeaway

Homes in Webster have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Webster was $250,000 in August 2024, up 1.4% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $114.2K$109.2K
-4.4%
2 $138.7K$135.3K
-2.5%
3 $264.9K$270K
+1.9%
4 $458K$392.5K
-14.3%
5+ -$562.5K
N/A

Summary: Webster housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.4%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Texas City-League City
+4.5%
League City
+2.8%
Nassau Bay
+1.7%
Webster
+1.4%
Houston
+1.4%

Housing Supply in Webster, TX

How many homes are available in Webster, TX?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
82107+30.5%

Summary: The Webster real estate market had 107 homes for sale in August 2024, a 30.5% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 1316
+23.1%
2 3138
+22.6%
3 2126
+23.8%
4 1626
+62.5%
5+ 11
0.0%

Summary: The Webster housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 22.6%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
1117+54.5%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Webster, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Webster in August 2024, up by 54.5% month-over-month. Of the 17 sold homes, 71% were sold under asking, 24% were sold at asking, and 6% were sold over asking.

Days on Market for Webster, TX

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

Average Sale Time

Aug 2023Aug 2024CHANGE
30 Days60 Days+98.3%

Summary: Homes in Webster had an average of 60 days on market in Aug 2024, up by 98.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 17 homes were sold in Webster; 47% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 24% 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 18 Days Ago

Newest Listings in Webster, TX

Nearby Markets to Webster, TX

What housing markets are near Webster, TX?