Is Arena District, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arena District is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Arena District was a Seller's Market.

Key Takeaway

Arena District is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Arena District, TX

How much do homes in Arena District, TX cost?

Median Sold Price

$169,500

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$60,500(-26.3%)

Key Takeaway

Homes in Arena District have sold for 26.3% less than they did a year ago.

Summary: The median home sold price in Arena District was $169,500 in November 2024, down 26.3% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $64K-
N/A
2 $240K$97.4K
-59.4%
3 $230K$211K
-8.3%
4 -$156K
N/A
5+ --
N/A

Summary: Arena District housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 59.4%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Jefferson Heights
-24.1%
Arena District
-26.3%

Housing Supply in Arena District, TX

How many homes are available in Arena District, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1013+30.0%

Summary: The Arena District real estate market had 13 homes for sale in November 2024, a 30.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 35
+66.7%
4 01
+100.0%
5+ 11
0.0%

Summary: The Arena District 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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arena District, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Arena District in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Arena District, TX

How long does it take to sell a home in Arena District, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days17 Days+6.3%

Summary: Homes in Arena District had an average of 17 days on market in Nov 2024, up by 6.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Arena District; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Arena District, TX

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