Is Beach City, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beach City is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Beach City was a Neutral Market.

Key Takeaway

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

Housing Prices in Beach City, TX

How much do homes in Beach City, TX cost?

Median Sold Price

$440,000

$207/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$168,440(+62.0%)

Key Takeaway

Homes in Beach City have sold for 62% more than they did a month ago.

Summary: The median home sold price in Beach City was $440,000 in November 2024, up 62% from last month, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $193.5K-
N/A
3 $357.5K$312K
-12.7%
4 $349.6K$495K
+41.6%
5+ --
N/A

Summary: Beach City housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 12.7%, 4 bedroom homes increased by 41.6%, and 5+ bedroom homes did not change.

Housing Supply in Beach City, TX

How many homes are available in Beach City, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2630+15.4%

Summary: The Beach City real estate market had 30 homes for sale in November 2024, a 15.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 54
-20.0%
4 1218
+50.0%
5+ 77
0.0%

Summary: The Beach City 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 decreased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 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 Beach City, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Beach City in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Beach City, TX

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

Average Sale Time

Oct 2024Nov 2024CHANGE
36 Days32 Days-11.1%

Summary: Homes in Beach City had an average of 32 days on market in Nov 2024, down by 11.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Beach City; 67% of homes were sold within 30 days, 33% 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 17 Days Ago

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