Is Bunker Hill Village, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bunker Hill Village is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Bunker Hill Village has remained a Seller's Market.

Key Takeaway

Bunker Hill Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bunker Hill Village, TX

How much do homes in Bunker Hill Village, TX cost?

Median Sold Price

$2,050,000

$454/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$175,000(+9.3%)

Key Takeaway

Homes in Bunker Hill Village have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Bunker Hill Village was $2,050,000 in November 2024, up 9.3% from last year, and the median price per square foot was $454.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $865K$356.9K
-58.7%
4 $1.6M$1.8M
+14.1%
5+ $2.4M$2.6M
+8.1%

Summary: Bunker Hill Village 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 58.7%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

Hedwig Village
+230.4%
Bunker Hill Village
+9.3%
Piney Point Village
+6.7%
Houston
+3.2%

Housing Supply in Bunker Hill Village, TX

How many homes are available in Bunker Hill Village, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1412-14.3%

Summary: The Bunker Hill Village real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 43
-25.0%
5+ 66
0.0%

Summary: The Bunker Hill Village 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 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bunker Hill Village, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Bunker Hill Village in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Bunker Hill Village, TX

How long does it take to sell a home in Bunker Hill Village, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days82 Days+155.1%

Summary: Homes in Bunker Hill Village had an average of 82 days on market in Nov 2024, up by 155.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Bunker Hill Village; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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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