$3,147 Closing Credit*
$265,000
1,507 SqFt
3 Beds
•2 Full Baths
Nicole Evans, Listing Office: Beth Wolff Realtors
Is Acres Home, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Acres Home was a Seller's Market.
Key Takeaway
Acres Home is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Acres Home, TX
How much do homes in Acres Home, TX cost?
Median Sold Price
$314,077
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$11,548(-3.5%)
Key Takeaway
Homes in Acres Home have sold for 3.5% less than they did a year ago.
Summary: The median home sold price in Acres Home was $314,077 in November 2024, down 3.5% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $388K | $387K | -0.3% |
| 2 Bedrooms | $180K | $156.2K | -13.2% |
| 3 Bedrooms | $329.9K | $315K | -4.5% |
| 4 Bedrooms | $332.5K | $307.5K | -7.5% |
| 5+ Bedrooms | $285K | $310K | +8.8% |
Summary: Acres Home housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 8.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Greater Inwood | $215K | $221.2K | +2.9% |
| North Houston | $339.9K | $339.8K | 0% |
| Northside / Northline | $249.9K | $247.4K | -1.0% |
| Acres Home | $325.6K | $314K | -3.5% |
Housing Supply in Acres Home, TX
How many homes are available in Acres Home, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 263 | 324 | +23.2% |
Summary: The Acres Home real estate market had 324 homes for sale in November 2024, a 23.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 26 | 30 | +15.4% |
| 3 Bedrooms | 197 | 251 | +27.4% |
| 4 Bedrooms | 33 | 36 | +9.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Acres Home housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 27.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 25 | -40.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Acres Home, you may be able to get a good deal. 48% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Acres Home in November 2024, down by 40.5% month-over-month. Of the 25 sold homes, 48% were sold under asking, 36% were sold at asking, and 16% were sold over asking.
Days on Market for Acres Home, TX
How long does it take to sell a home in Acres Home, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 47 Days | +15.8% |
Summary: Homes in Acres Home had an average of 47 days on market in Nov 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Acres Home has remained consistent over time.
Summary: During November 2024, 25 homes were sold in Acres Home; 40% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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