Is New Caney, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, New Caney was a Seller's Market.
Housing Prices in New Caney, TX
How much do homes in New Caney, TX cost?
Median Sold Price
$289,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in New Caney was $289,000 in April 2024, down 6.7% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $395K | $40K | -89.9% |
2 Bedrooms | $194.9K | $230K | +18.0% |
3 Bedrooms | $270K | $258.9K | -4.1% |
4 Bedrooms | $339.9K | $300.7K | -11.5% |
5+ Bedrooms | $370.8K | $352.2K | -5.0% |
Summary: New Caney housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 89.9%, 2 bedroom homes increased by 18%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 5%.
Median Sold Price Compared To Nearby Cities
Woodbranch | $270K | $310K | +14.8% |
Roman Forest | $346.6K | $342.4K | -1.2% |
Porter | $330K | $315K | -4.5% |
New Caney | $309.6K | $289K | -6.7% |
Housing Supply in New Caney, TX
How many homes are available in New Caney, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
199 | 218 | +9.5% |
Summary: The New Caney real estate market had 218 homes for sale in April 2024, a 9.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 86 | 90 | +4.7% |
4 Bedrooms | 100 | 113 | +13.0% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The New Caney housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 35 | -7.9% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in New Caney in April 2024, down by 7.9% month-over-month. Of the 35 sold homes, 54% were sold under asking, 26% were sold at asking, and 20% were sold over asking.
Days on Market for New Caney, TX
How long does it take to sell a home in New Caney, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
80 Days | 42 Days | -47.5% |
Summary: Homes in New Caney had an average of 42 days on market in Apr 2024, down by 47.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in New Caney; 51% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.