Is Harris County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Harris County has remained a Seller's Market.
Housing Prices in Harris County, TX
How much do homes in Harris County, TX cost?
Median Sold Price
$319,672
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Harris County was $319,672 in April 2024, up 1.8% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140.1K | $130.3K | -7.0% |
2 Bedrooms | $205K | $212.3K | +3.6% |
3 Bedrooms | $280.1K | $285K | +1.7% |
4 Bedrooms | $360.9K | $365K | +1.1% |
5+ Bedrooms | $537.5K | $550K | +2.3% |
Summary: Harris County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 2.3%.
Median Sold Price Compared To Nearby Counties
Harris County | $314.1K | $319.6K | +1.8% |
Liberty County | $274.4K | $276.7K | +0.8% |
Waller County | $320K | $322.2K | +0.7% |
Galveston County | $344.2K | $340.1K | -1.2% |
Montgomery County | $371.8K | $364.5K | -2.0% |
Housing Supply in Harris County, TX
How many homes are available in Harris County, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16,208 | 19,114 | +17.9% |
Summary: The Harris County real estate market had 19,114 homes for sale in April 2024, a 17.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 457 | 512 | +12.0% |
2 Bedrooms | 1,764 | 2,070 | +17.3% |
3 Bedrooms | 7,326 | 8,522 | +16.3% |
4 Bedrooms | 5,199 | 6,250 | +20.2% |
5+ Bedrooms | 1,462 | 1,760 | +20.4% |
Summary: The Harris County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes increased by 20.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3,394 | 3,666 | +8.0% |
Asking Price vs. Sold Price
2,107 Homes Were Sold
Under Asking
870 Homes Were Sold
At Asking
689 Homes Were Sold
Over Asking
Summary: A total of 3,666 homes were sold or pending in Harris County in April 2024, up by 8.0% month-over-month. Of the 3,666 sold homes, 57% were sold under asking, 24% were sold at asking, and 19% were sold over asking.
Days on Market for Harris County, TX
How long does it take to sell a home in Harris County, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 38 Days | -8.0% |
Summary: Homes in Harris County had an average of 38 days on market in Apr 2024, down by 8% compared to last year.
Breakdown of Home Sale Times
2,315 Homes Were Sold
Under 30 Days
897 Homes Were Sold
In 30 - 90 Days
454 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3666 homes were sold in Harris County; 63% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.