Is Clinton Park Tri-Community, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clinton Park Tri-Community is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Clinton Park Tri-Community was a Seller's Market.

Key Takeaway

Clinton Park Tri-Community is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Clinton Park Tri-Community, TX

How much do homes in Clinton Park Tri-Community, TX cost?

Median Sold Price

$249,450

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,450(+8.5%)

Key Takeaway

Homes in Clinton Park Tri-Community have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Clinton Park Tri-Community was $249,450 in October 2024, up 8.5% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $140K$306K
+118.6%
3 $239.9K$249.9K
+4.1%
4 $170.7K$160K
-6.3%
5+ $335K$195K
-41.8%

Summary: Clinton Park Tri-Community housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 118.6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 41.8%.

Median Sold Price Compared To Nearby Neighborhoods

Eastside
+11.4%
Clinton Park Tri-Community
+8.5%
Northeast Houston
+4.7%
Pleasantville Area
+2.5%

Housing Supply in Clinton Park Tri-Community, TX

How many homes are available in Clinton Park Tri-Community, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3147+51.6%

Summary: The Clinton Park Tri-Community real estate market had 47 homes for sale in October 2024, a 51.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 2031
+55.0%
4 79
+28.6%
5+ 23
+50.0%

Summary: The Clinton Park Tri-Community housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 55%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clinton Park Tri-Community, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Clinton Park Tri-Community in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Clinton Park Tri-Community, TX

How long does it take to sell a home in Clinton Park Tri-Community, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days29 Days-21.7%

Summary: Homes in Clinton Park Tri-Community had an average of 29 days on market in Oct 2024, down by 21.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clinton Park Tri-Community are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Clinton Park Tri-Community; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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