Is Texas City-League City, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Texas City-League City is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Texas City-League City has remained a Seller's Market.

Key Takeaway

Texas City-League City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Texas City-League City, TX

How much do homes in Texas City-League City, TX cost?

Median Sold Price

$329,929

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$6,636(+2.1%)

Key Takeaway

Homes in Texas City-League City have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Texas City-League City was $329,929 in May 2024, up 2.1% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $160K$142.5K
-10.9%
2 $167.5K$205K
+22.4%
3 $279.7K$280K
0.1%
4 $384.1K$390K
+1.5%
5+ $568.2K$617K
+8.6%

Summary: Texas City-League City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.9%, 2 bedroom homes increased by 22.4%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 8.6%.

Median Sold Price Compared To Nearby Cities

Webster
+4.9%
League City
+2.6%
Texas City-League City
+2.1%
Dickinson
-0.5%
Nassau Bay
-4.9%

Housing Supply in Texas City-League City, TX

How many homes are available in Texas City-League City, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1,3691,654+20.8%

Summary: The Texas City-League City real estate market had 1,654 homes for sale in May 2024, a 20.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1620
+25.0%
2 113134
+18.6%
3 536640
+19.4%
4 585696
+19.0%
5+ 119164
+37.8%

Summary: The Texas City-League City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 37.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE
259293+13.1%

Asking Price vs. Sold Price

155 Homes Were Sold
Under Asking

99 Homes Were Sold
At Asking

39 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Texas City-League City, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 293 homes were sold or pending in Texas City-League City in May 2024, up by 13.1% month-over-month. Of the 293 sold homes, 53% were sold under asking, 34% were sold at asking, and 13% were sold over asking.

Days on Market for Texas City-League City, TX

How long does it take to sell a home in Texas City-League City, TX?

Average Sale Time

May 2023May 2024CHANGE
42 Days40 Days-4.5%

Summary: Homes in Texas City-League City had an average of 40 days on market in May 2024, down by 4.5% compared to last year.

Breakdown of Home Sale Times

173 Homes Were Sold
Under 30 Days

78 Homes Were Sold
In 30 - 90 Days

42 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Texas City-League City are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 293 homes were sold in Texas City-League City; 59% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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