Is Avery Park, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avery Park is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Avery Park has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Avery Park, TX

How much do homes in Avery Park, TX cost?

Median Sold Price

$297,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$19,000(-6.0%)

Key Takeaway

Homes in Avery Park have sold for 6% less than they did a year ago.

Summary: The median home sold price in Avery Park was $297,000 in November 2024, down 6% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $290K$284.9K
-1.7%
4 $441.4K$355K
-19.6%
5+ $330.4K-
N/A

Summary: Avery Park 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 did not change, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes did not change.

Housing Supply in Avery Park, TX

How many homes are available in Avery Park, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3940+2.6%

Summary: The Avery Park real estate market had 40 homes for sale in November 2024, a 2.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2625
-3.8%
4 1214
+16.7%
5+ 11
0.0%

Summary: The Avery Park 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 decreased by 3.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were 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 Avery Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Avery Park in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Avery Park, TX

How long does it take to sell a home in Avery Park, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
363 Days81 Days-77.5%

Summary: Homes in Avery Park had an average of 81 days on market in Nov 2024, down by 77.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Avery Park has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Avery Park; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 Avery Park, TX

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