Is West End, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West End is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, West End has remained a Seller's Market.

Key Takeaway

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

Housing Prices in West End, TX

How much do homes in West End, TX cost?

Median Sold Price

$485,000

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$1,000(-0.2%)

Key Takeaway

The sold price of homes in West End has remained the same since last year.

Summary: The median home sold price in West End was $485,000 in April 2024, down 0.2% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $325K$328K
+0.9%
3 $497.7K$500K
0.5%
4 $575K$690K
+20.0%
5+ --
N/A

Summary: West End housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Greater Heights / Houston Heights
+6.4%
Central Houston
+4.8%
Washington Avenue Coalition / Memorial Park
+4.2%
West End
-0.2%

Housing Supply in West End, TX

How many homes are available in West End, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2128+33.3%

Summary: The West End real estate market had 28 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1824
+33.3%
4 01
+100.0%
5+ 00
0.0%

Summary: The West End housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

2 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 West End, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in West End in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% were sold over asking.

Days on Market for West End, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
30 Days26 Days-12.6%

Summary: Homes in West End had an average of 26 days on market in Apr 2024, down by 12.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 7 homes were sold in West End; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in West End, TX

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