Is Splendora, 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, Splendora was a Seller's Market.
Housing Prices in Splendora, TX
How much do homes in Splendora, TX cost?
Median Sold Price
$269,995
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Splendora was $269,995 in April 2024, up 2.7% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $153.2K | $172.5K | +12.6% |
3 Bedrooms | $216K | $263.6K | +22.0% |
4 Bedrooms | $425K | $297.4K | -30.0% |
5+ Bedrooms | $371.4K | $423.4K | +14.0% |
Summary: Splendora 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 12.6%, 3 bedroom homes increased by 22%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 14%.
Median Sold Price Compared To Nearby Cities
Splendora | $263K | $269.9K | +2.7% |
Southeast Montgomery | $371.4K | $356.6K | -4.0% |
Housing Supply in Splendora, TX
How many homes are available in Splendora, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
85 | 101 | +18.8% |
Summary: The Splendora real estate market had 101 homes for sale in April 2024, a 18.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 39 | 44 | +12.8% |
4 Bedrooms | 32 | 43 | +34.4% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Splendora 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 16.7%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 34.4%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Splendora in April 2024, up by 14.3% month-over-month. Of the 16 sold homes, 75% were sold under asking, 19% were sold at asking, and 6% were sold over asking.
Days on Market for Splendora, TX
How long does it take to sell a home in Splendora, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 84 Days | +77.3% |
Summary: Homes in Splendora had an average of 84 days on market in Apr 2024, up by 77.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Splendora; 56% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.