Is Mont Belvieu, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Mont Belvieu was a Seller's Market.
Housing Prices in Mont Belvieu, TX
How much do homes in Mont Belvieu, TX cost?
Median Sold Price
$425,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mont Belvieu was $425,000 in May 2024, up 2.4% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $237.5K | - | N/A |
3 Bedrooms | $360K | $375K | +4.2% |
4 Bedrooms | $445.9K | $440K | -1.3% |
5+ Bedrooms | $470K | $457.5K | -2.7% |
Summary: Mont Belvieu housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Cities
Liberty-Dayton | $295K | $318.7K | +8.0% |
Mont Belvieu | $415K | $425K | +2.4% |
Baytown | $275K | $274.9K | 0% |
Northeast Harris | $270K | $269.6K | -0.1% |
Housing Supply in Mont Belvieu, TX
How many homes are available in Mont Belvieu, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
66 | 68 | +3.0% |
Summary: The Mont Belvieu real estate market had 68 homes for sale in May 2024, a 3.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 25 | 24 | -4.0% |
4 Bedrooms | 34 | 37 | +8.8% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Mont Belvieu housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 9 | -30.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Mont Belvieu in May 2024, down by 30.8% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Mont Belvieu, TX
How long does it take to sell a home in Mont Belvieu, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
30 Days | 54 Days | +79.3% |
Summary: Homes in Mont Belvieu had an average of 54 days on market in May 2024, up by 79.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Mont Belvieu; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.