$1,995 Closing Credit*
$168,000
1,223 SqFt
2 Beds
•2 Full Baths
Lori Alvarez, Listing Office: Realty America Inc.
Is Clear Lake, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Clear Lake has remained a Seller's Market.
Key Takeaway
Clear Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clear Lake, TX
How much do homes in Clear Lake, TX cost?
Median Sold Price
$275,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$447(+0.2%)
Key Takeaway
The sold price of homes in Clear Lake has remained the same since last year.
Summary: The median home sold price in Clear Lake was $275,000 in October 2024, up 0.2% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.2K | $95K | +8.9% |
| 2 Bedrooms | $154.9K | $153.5K | -0.9% |
| 3 Bedrooms | $260K | $260K | 0.0% |
| 4 Bedrooms | $309.7K | $321.9K | +3.9% |
| 5+ Bedrooms | $450K | $515K | +14.4% |
Summary: Clear Lake housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 14.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Meadowbrook / Allendale | $199.9K | $219K | +9.5% |
| Edgebrook Area | $211K | $219K | +3.8% |
| South Belt / Ellington | $253K | $255K | +0.8% |
| Clear Lake | $274.5K | $275K | 0.2% |
| Greater Hobby Area | $267K | $261.5K | -2.1% |
Housing Supply in Clear Lake, TX
How many homes are available in Clear Lake, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 404 | 460 | +13.9% |
Summary: The Clear Lake real estate market had 460 homes for sale in October 2024, a 13.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 24 | 25 | +4.2% |
| 2 Bedrooms | 42 | 50 | +19.0% |
| 3 Bedrooms | 180 | 208 | +15.6% |
| 4 Bedrooms | 131 | 145 | +10.7% |
| 5+ Bedrooms | 27 | 32 | +18.5% |
Summary: The Clear Lake housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 18.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 87 | +7.4% |
Asking Price vs. Sold Price
61 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clear Lake, you may be able to get a good deal. 70.1% of homes here sold below asking price last month.
Summary: A total of 87 homes were sold or pending in Clear Lake in October 2024, up by 7.4% month-over-month. Of the 87 sold homes, 70% were sold under asking, 16% were sold at asking, and 14% were sold over asking.
Days on Market for Clear Lake, TX
How long does it take to sell a home in Clear Lake, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 30 Days | +8.5% |
Summary: Homes in Clear Lake had an average of 30 days on market in Oct 2024, up by 8.5% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clear Lake are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 87 homes were sold in Clear Lake; 66% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.