Is Rosenberg-Richmond, 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, Rosenberg-Richmond has remained a Seller's Market.
Housing Prices in Rosenberg-Richmond, TX
How much do homes in Rosenberg-Richmond, TX cost?
Median Sold Price
$344,861
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rosenberg-Richmond was $344,861 in April 2024, up 1.4% 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 | $415K | - | N/A |
2 Bedrooms | $295.7K | $305K | +3.1% |
3 Bedrooms | $270.8K | $289.7K | +7.0% |
4 Bedrooms | $381.9K | $390.1K | +2.1% |
5+ Bedrooms | $470K | $485K | +3.2% |
Summary: Rosenberg-Richmond 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 increased by 3.1%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
Sugar Land | $420.6K | $441.9K | +5.1% |
Rosenberg-Richmond | $340K | $344.8K | +1.4% |
Housing Supply in Rosenberg-Richmond, TX
How many homes are available in Rosenberg-Richmond, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
395 | 465 | +17.7% |
Summary: The Rosenberg-Richmond real estate market had 465 homes for sale in April 2024, a 17.7% 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 | 32 | 38 | +18.8% |
3 Bedrooms | 121 | 144 | +19.0% |
4 Bedrooms | 181 | 210 | +16.0% |
5+ Bedrooms | 61 | 73 | +19.7% |
Summary: The Rosenberg-Richmond 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 increased by 18.8%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 19.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
85 | 87 | +2.4% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 87 homes were sold or pending in Rosenberg-Richmond in April 2024, up by 2.4% month-over-month. Of the 87 sold homes, 62% were sold under asking, 31% were sold at asking, and 7% were sold over asking.
Days on Market for Rosenberg-Richmond, TX
How long does it take to sell a home in Rosenberg-Richmond, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 36 Days | -20.1% |
Summary: Homes in Rosenberg-Richmond had an average of 36 days on market in Apr 2024, down by 20.1% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 87 homes were sold in Rosenberg-Richmond; 66% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.