Is Bunker Hill Village, 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, Bunker Hill Village has remained a Seller's Market.
Housing Prices in Bunker Hill Village, TX
How much do homes in Bunker Hill Village, TX cost?
Median Sold Price
$1,950,000
$425/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bunker Hill Village was $1,950,000 in May 2024, up 7.1% from last year, and the median price per square foot was $425.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $952.5K | $1.2M | +27.6% |
4 Bedrooms | $1.3M | $1.6M | +23.1% |
5+ Bedrooms | $2.4M | $2.5M | +4.5% |
Summary: Bunker Hill Village housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
Bunker Hill Village | $1.8M | $1.9M | +7.1% |
Houston | $317.1K | $315.2K | -0.6% |
Piney Point Village | $3.2M | $2.8M | -14.1% |
Hedwig Village | $1.3M | $307.5K | -76.3% |
Housing Supply in Bunker Hill Village, TX
How many homes are available in Bunker Hill Village, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 31 | +24.0% |
Summary: The Bunker Hill Village real estate market had 31 homes for sale in May 2024, a 24.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 4 | +100.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The Bunker Hill Village 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 8 | +700.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Bunker Hill Village in May 2024, up by 700.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Bunker Hill Village, TX
How long does it take to sell a home in Bunker Hill Village, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 13 Days | +55.7% |
Summary: Homes in Bunker Hill Village had an average of 13 days on market in May 2024, up by 55.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Bunker Hill Village; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.