Is Denver Harbor / Port Houston, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Denver Harbor / Port Houston is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Denver Harbor / Port Houston was a Seller's Market.

Key Takeaway

Denver Harbor / Port Houston 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 Denver Harbor / Port Houston, TX

How much do homes in Denver Harbor / Port Houston, TX cost?

Median Sold Price

$196,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,000(+5.9%)

Key Takeaway

Homes in Denver Harbor / Port Houston have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Denver Harbor / Port Houston was $196,000 in October 2024, up 5.9% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $147K$122K
-17.0%
3 $185K$195K
+5.4%
4 $315K$220.5K
-30.0%
5+ $215.2K$275K
+27.8%

Summary: Denver Harbor / Port Houston 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 decreased by 17%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 27.8%.

Median Sold Price Compared To Nearby Neighborhoods

Denver Harbor / Port Houston
+5.9%
Pleasantville Area
+2.5%
Second Ward
0%
Greater Fifth Ward
-5.9%

Housing Supply in Denver Harbor / Port Houston, TX

How many homes are available in Denver Harbor / Port Houston, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3545+28.6%

Summary: The Denver Harbor / Port Houston real estate market had 45 homes for sale in October 2024, a 28.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1112
+9.1%
3 1421
+50.0%
4 55
0.0%
5+ 45
+25.0%

Summary: The Denver Harbor / Port Houston housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Denver Harbor / Port Houston, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Denver Harbor / Port Houston in October 2024, up by 600.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Denver Harbor / Port Houston, TX

How long does it take to sell a home in Denver Harbor / Port Houston, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days36 Days+1.9%

Summary: Homes in Denver Harbor / Port Houston had an average of 36 days on market in Oct 2024, up by 1.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Denver Harbor / Port Houston are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in Denver Harbor / Port Houston; 57% of homes were sold within 30 days, 43% 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 24 Days Ago

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