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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaumont is a buyer's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Beaumont, TX

How much do homes in Beaumont, TX cost?

Median Sold Price

$236,500

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$1,500(+0.6%)

Key Takeaway

Homes in Beaumont have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Beaumont was $236,500 in December 2024, up 0.6% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$92.5K
N/A
2 $113.5K$129.9K
+14.5%
3 $198.5K$189.7K
-4.4%
4 $306.9K$306.9K
0%
5+ $519.5K$350K
-32.6%

Summary: Beaumont housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.5%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 32.6%.

Median Sold Price Compared To Nearby Cities

Beaumont
+0.6%
Bridge City-Orangefield
-5.1%

Housing Supply in Beaumont, TX

How many homes are available in Beaumont, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
517626+21.1%

Summary: The Beaumont real estate market had 626 homes for sale in December 2024, a 21.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 45
+25.0%
2 4959
+20.4%
3 259312
+20.5%
4 161197
+22.4%
5+ 4453
+20.5%

Summary: The Beaumont housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 20.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2344+91.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaumont, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in Beaumont in December 2024, up by 91.3% month-over-month. Of the 15 sold homes, 53% were sold under asking, 33% were sold at asking, and 13% were sold over asking.

Days on Market for Beaumont, TX

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

Average Sale Time

Dec 2023Dec 2024CHANGE
69 Days46 Days-32.6%

Summary: Homes in Beaumont had an average of 46 days on market in Dec 2024, down by 32.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Beaumont has remained consistent over time.

Summary: During December 2024, 44 homes were sold in Beaumont; 11% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% 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 4 Days Ago

Newest Listings in Beaumont, TX

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