Is Baytown, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baytown is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Baytown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Baytown, TX

How much do homes in Baytown, TX cost?

Median Sold Price

$272,821

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,635(+1.0%)

Key Takeaway

Homes in Baytown have sold for 1% more than they did a year ago.

Summary: The median home sold price in Baytown was $272,821 in October 2024, up 1% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $68.7K$61.4K
-10.7%
2 $150K$130.5K
-13.0%
3 $240K$239.9K
0%
4 $302.9K$324.8K
+7.2%
5+ $350K$369.6K
+5.6%

Summary: Baytown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.7%, 2 bedroom homes decreased by 13%, 3 bedroom homes did not change, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 5.6%.

Median Sold Price Compared To Nearby Cities

Highlands
+4.2%
Baytown
+1.0%
Mont Belvieu
+0.9%
Baytown
0%

Housing Supply in Baytown, TX

How many homes are available in Baytown, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
579638+10.2%

Summary: The Baytown real estate market had 638 homes for sale in October 2024, a 10.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 89
+12.5%
2 3340
+21.2%
3 258283
+9.7%
4 232249
+7.3%
5+ 4857
+18.8%

Summary: The Baytown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 21.2%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 18.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
114101-11.4%

Asking Price vs. Sold Price

51 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baytown, you may be able to get a good deal. 50.5% of homes here sold below asking price last month.

Summary: A total of 101 homes were sold or pending in Baytown in October 2024, down by 11.4% month-over-month. Of the 101 sold homes, 50% were sold under asking, 32% were sold at asking, and 18% were sold over asking.

Days on Market for Baytown, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days43 Days-1.7%

Summary: Homes in Baytown had an average of 43 days on market in Oct 2024, down by 1.7% compared to last year.

Breakdown of Home Sale Times

56 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 101 homes were sold in Baytown; 55% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 15% 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 20 Days Ago

Newest Listings in Baytown, TX

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