Is Texas City, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Texas City has remained a Seller's Market.
Key Takeaway
Texas City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Texas City, TX
How much do homes in Texas City, TX cost?
Median Sold Price
$250,542
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Texas City have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Texas City was $250,542 in May 2024, up 2.6% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $77K | $109K | +41.6% |
| 2 Bedrooms | $130K | $142K | +9.2% |
| 3 Bedrooms | $224K | $229.9K | +2.7% |
| 4 Bedrooms | $298K | $307.7K | +3.3% |
| 5+ Bedrooms | $342.5K | $390K | +13.9% |
Summary: Texas City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.6%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 13.9%.
Median Sold Price Compared To Nearby Cities
| La Marque | $269.9K | $279.2K | +3.4% |
| Texas City | $244.1K | $250.5K | +2.6% |
| Texas City-League City | $323.2K | $329.9K | +2.1% |
| Bacliff | $240K | $239.6K | -0.1% |
| Dickinson | $281.5K | $280K | -0.5% |
Housing Supply in Texas City, TX
How many homes are available in Texas City, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 384 | 450 | +17.2% |
Summary: The Texas City real estate market had 450 homes for sale in May 2024, a 17.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 22 | 30 | +36.4% |
| 3 Bedrooms | 172 | 208 | +20.9% |
| 4 Bedrooms | 173 | 188 | +8.7% |
| 5+ Bedrooms | 16 | 23 | +43.8% |
Summary: The Texas City 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 increased by 36.4%, 3 bedroom homes increased by 20.9%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 43.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 60 | 89 | +48.3% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Texas City, you may be able to get a good deal. 48.3% of homes here sold below asking price last month.
Summary: A total of 89 homes were sold or pending in Texas City in May 2024, up by 48.3% month-over-month. Of the 89 sold homes, 48% were sold under asking, 36% were sold at asking, and 16% were sold over asking.
Days on Market for Texas City, TX
How long does it take to sell a home in Texas City, TX?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 60 Days | 45 Days | -24.2% |
Summary: Homes in Texas City had an average of 45 days on market in May 2024, down by 24.2% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Texas City are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 89 homes were sold in Texas City; 53% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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