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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Channelview is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Channelview 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 Channelview, TX

How much do homes in Channelview, TX cost?

Median Sold Price

$233,250

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,250(+3.7%)

Key Takeaway

Homes in Channelview have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Channelview was $233,250 in November 2024, up 3.7% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$120K
N/A
2 $175K$178.7K
+2.1%
3 $215K$210K
-2.3%
4 $257.5K$265K
+2.9%
5+ $265K$286K
+7.9%

Summary: Channelview 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 increased by 2.1%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 7.9%.

Median Sold Price Compared To Nearby Cities

Channelview
+3.7%
Northeast Harris
+3.1%
Highlands
+3.0%
Baytown
+1.9%
Southeast Harris
0.2%

Housing Supply in Channelview, TX

How many homes are available in Channelview, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6673+10.6%

Summary: The Channelview real estate market had 73 homes for sale in November 2024, a 10.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 33
0.0%
3 4040
0.0%
4 1925
+31.6%
5+ 34
+33.3%

Summary: The Channelview 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 remained the same, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
612+100.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Channelview, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Channelview in November 2024, up by 100.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Channelview, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days50 Days+55.2%

Summary: Homes in Channelview had an average of 50 days on market in Nov 2024, up by 55.2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in Channelview; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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

Newest Listings in Channelview, TX

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