Is Astrodome Area, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Astrodome Area is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Astrodome Area was a Seller's Market.

Key Takeaway

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

Housing Prices in Astrodome Area, TX

How much do homes in Astrodome Area, TX cost?

Median Sold Price

$155,500

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,312(+2.2%)

Key Takeaway

Homes in Astrodome Area have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Astrodome Area was $155,500 in October 2024, up 2.2% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $138.5K$120K
-13.4%
2 $160K$164K
+2.5%
3 $350K$328K
-6.3%
4 --
N/A
5+ --
N/A

Summary: Astrodome Area housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.4%, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

South Main
+13.9%
Braeswood
+10.6%
Macgregor
+6.8%
Astrodome Area
+2.2%

Housing Supply in Astrodome Area, TX

How many homes are available in Astrodome Area, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
94129+37.2%

Summary: The Astrodome Area real estate market had 129 homes for sale in October 2024, a 37.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2941
+41.4%
2 6183
+36.1%
3 45
+25.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Astrodome Area housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 41.4%, 2 bedroom homes increased by 36.1%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Astrodome Area, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Astrodome Area in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Astrodome Area, TX

How long does it take to sell a home in Astrodome Area, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days55 Days+76.7%

Summary: Homes in Astrodome Area had an average of 55 days on market in Oct 2024, up by 76.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Astrodome Area has remained consistent over time.

Summary: During October 2024, 6 homes were sold in Astrodome Area; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 13 Days Ago

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