$6,234 Closing Credit*
$525,000
3,734 SqFt
4 Beds
•3 Full Baths, 1 Partial
Joe Ferrer, Listing Office: LPT Realty, LLC
Is Champions, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Champions was a Seller's Market.
Key Takeaway
Champions 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 Champions, TX
How much do homes in Champions, TX cost?
Median Sold Price
$348,600
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,782(+6.3%)
Key Takeaway
Homes in Champions have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Champions was $348,600 in November 2024, up 6.3% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135.5K | $124K | -8.5% |
| 2 Bedrooms | $172.5K | $198.5K | +15.1% |
| 3 Bedrooms | $283.3K | $284.3K | 0.4% |
| 4 Bedrooms | $345.1K | $365.1K | +5.8% |
| 5+ Bedrooms | $470K | $473.5K | +0.7% |
Summary: Champions housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Gleannloch Farms | $447K | $478K | +6.9% |
| Champions | $327.8K | $348.6K | +6.3% |
| Northwest Houston | $399.9K | $413.5K | +3.4% |
Housing Supply in Champions, TX
How many homes are available in Champions, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 506 | 545 | +7.7% |
Summary: The Champions real estate market had 545 homes for sale in November 2024, a 7.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 6 | -25.0% |
| 2 Bedrooms | 32 | 36 | +12.5% |
| 3 Bedrooms | 119 | 135 | +13.4% |
| 4 Bedrooms | 247 | 267 | +8.1% |
| 5+ Bedrooms | 100 | 101 | +1.0% |
Summary: The Champions housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 101 | 80 | -20.8% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Champions, you may be able to get a good deal. 61.3% of homes here sold below asking price last month.
Summary: A total of 80 homes were sold or pending in Champions in November 2024, down by 20.8% month-over-month. Of the 80 sold homes, 61% were sold under asking, 21% were sold at asking, and 18% were sold over asking.
Days on Market for Champions, TX
How long does it take to sell a home in Champions, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 42 Days | +29.5% |
Summary: Homes in Champions had an average of 42 days on market in Nov 2024, up by 29.5% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Champions are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 80 homes were sold in Champions; 48% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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