Is Hockley, 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, Hockley has remained a Seller's Market.
Housing Prices in Hockley, TX
How much do homes in Hockley, TX cost?
Median Sold Price
$319,122
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hockley was $319,122 in April 2024, up 2.9% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $110K | N/A |
2 Bedrooms | $329.2K | $195K | -40.8% |
3 Bedrooms | $270K | $294.9K | +9.2% |
4 Bedrooms | $366.3K | $347K | -5.3% |
5+ Bedrooms | $475K | $437.5K | -7.9% |
Summary: Hockley 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 decreased by 40.8%, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 7.9%.
Median Sold Price Compared To Nearby Cities
Hockley | $310K | $319.1K | +2.9% |
Northwest Harris | $335.2K | $335.1K | 0% |
Houston | $325.4K | $315.1K | -3.2% |
Prairie View-Waller | $408K | $384.4K | -5.8% |
Housing Supply in Hockley, TX
How many homes are available in Hockley, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
132 | 156 | +18.2% |
Summary: The Hockley real estate market had 156 homes for sale in April 2024, a 18.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 72 | 83 | +15.3% |
4 Bedrooms | 48 | 59 | +22.9% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Hockley 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 15.3%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 35 | +25.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Hockley in April 2024, up by 25.0% month-over-month. Of the 35 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Hockley, TX
How long does it take to sell a home in Hockley, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 37 Days | -12.5% |
Summary: Homes in Hockley had an average of 37 days on market in Apr 2024, down by 12.5% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in Hockley; 63% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.