Is Northeast Harris, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Harris is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Northeast Harris was a Seller's Market.

Key Takeaway

Northeast Harris is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Northeast Harris, TX

How much do homes in Northeast Harris, TX cost?

Median Sold Price

$269,601

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$398(-0.1%)

Key Takeaway

The sold price of homes in Northeast Harris has remained the same since last year.

Summary: The median home sold price in Northeast Harris was $269,601 in May 2024, down 0.1% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $265K$88K
-66.8%
2 $207.5K$188.7K
-9.0%
3 $247.4K$249.9K
+1.0%
4 $298K$295K
-1.0%
5+ $345K$335K
-2.9%

Summary: Northeast Harris housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 66.8%, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 2.9%.

Median Sold Price Compared To Nearby Cities

Mont Belvieu
+2.4%
Crosby
+1.0%
Northeast Harris
-0.1%
Highlands
-1.4%
Huffman
-15.1%

Housing Supply in Northeast Harris, TX

How many homes are available in Northeast Harris, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
412463+12.4%

Summary: The Northeast Harris real estate market had 463 homes for sale in May 2024, a 12.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 65
-16.7%
2 1923
+21.1%
3 212239
+12.7%
4 150165
+10.0%
5+ 2531
+24.0%

Summary: The Northeast Harris housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 24%.

Number of Homes Sold

Apr 2024May 2024CHANGE
8976-14.6%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast Harris, you may be able to get a good deal. 60.5% of homes here sold below asking price last month.

Summary: A total of 76 homes were sold or pending in Northeast Harris in May 2024, down by 14.6% month-over-month. Of the 76 sold homes, 61% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Northeast Harris, TX

How long does it take to sell a home in Northeast Harris, TX?

Average Sale Time

May 2023May 2024CHANGE
49 Days47 Days-4.5%

Summary: Homes in Northeast Harris had an average of 47 days on market in May 2024, down by 4.5% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Northeast Harris are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 76 homes were sold in Northeast Harris; 51% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 16% 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 1 Day Ago

Newest Listings in Northeast Harris, TX

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