Is Bayou Vista, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bayou Vista is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bayou Vista was a Seller's Market.

Key Takeaway

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

Housing Prices in Bayou Vista, TX

How much do homes in Bayou Vista, TX cost?

Median Sold Price

$383,540

$294/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$29,960(-7.2%)

Key Takeaway

Homes in Bayou Vista have sold for 7.2% less than they did a year ago.

Summary: The median home sold price in Bayou Vista was $383,540 in November 2024, down 7.2% from last year, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $333.4K$355K
+6.5%
3 $438.5K$427.5K
-2.5%
4 $560.6K$492.8K
-12.1%
5+ --
N/A

Summary: Bayou Vista 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 increased by 6.5%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

La Marque-Hitchcock
-5.9%
Bayou Vista
-7.2%
Hitchcock
-13.6%

Housing Supply in Bayou Vista, TX

How many homes are available in Bayou Vista, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4150+22.0%

Summary: The Bayou Vista real estate market had 50 homes for sale in November 2024, a 22.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1016
+60.0%
3 2527
+8.0%
4 67
+16.7%
5+ 00
0.0%

Summary: The Bayou Vista 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 60%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

4 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 Bayou Vista, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Bayou Vista in November 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bayou Vista, TX

How long does it take to sell a home in Bayou Vista, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days91 Days+202.5%

Summary: Homes in Bayou Vista had an average of 91 days on market in Nov 2024, up by 202.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Bayou Vista are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in Bayou Vista; 25% of homes were sold within 30 days, 25% 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 17 Days Ago

Newest Listings in Bayou Vista, TX

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