Is Prairie View-Waller, 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, Prairie View-Waller was a Seller's Market.
Housing Prices in Prairie View-Waller, TX
How much do homes in Prairie View-Waller, TX cost?
Median Sold Price
$384,410
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Prairie View-Waller was $384,410 in April 2024, down 5.8% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $270K | $577.5K | +113.9% |
2 Bedrooms | $329.2K | $278.5K | -15.4% |
3 Bedrooms | $360K | $350K | -2.8% |
4 Bedrooms | $491.5K | $428.9K | -12.7% |
5+ Bedrooms | $619.6K | $452.4K | -27.0% |
Summary: Prairie View-Waller housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 113.9%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes decreased by 27%.
Median Sold Price Compared To Nearby Cities
Hempstead | $237.5K | $282.6K | +19.0% |
Waller | $406.4K | $480K | +18.1% |
Prairie View-Waller | $408K | $384.4K | -5.8% |
Housing Supply in Prairie View-Waller, TX
How many homes are available in Prairie View-Waller, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
112 | 128 | +14.3% |
Summary: The Prairie View-Waller real estate market had 128 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 11 | 14 | +27.3% |
3 Bedrooms | 53 | 58 | +9.4% |
4 Bedrooms | 33 | 44 | +33.3% |
5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The Prairie View-Waller housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 11 | -42.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Prairie View-Waller in April 2024, down by 42.1% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Prairie View-Waller, TX
How long does it take to sell a home in Prairie View-Waller, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 40 Days | -38.1% |
Summary: Homes in Prairie View-Waller had an average of 40 days on market in Apr 2024, down by 38.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Prairie View-Waller; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.