Is Denver Heights, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Denver Heights is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Denver Heights has remained a Buyer's Market.

Key Takeaway

Denver Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Denver Heights, TX

How much do homes in Denver Heights, TX cost?

Median Sold Price

$253,500

$214/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$168,750(-40.0%)

Key Takeaway

Homes in Denver Heights have sold for 40% less than they did a month ago.

Summary: The median home sold price in Denver Heights was $253,500 in October 2024, down 40% from last month, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$215K
N/A
2 --
N/A
3 $422.2K$292K
-30.8%
4 --
N/A
5+ --
N/A

Summary: Denver Heights housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 30.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Denver Heights, TX

How many homes are available in Denver Heights, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5264+23.1%

Summary: The Denver Heights real estate market had 64 homes for sale in October 2024, a 23.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 1616
0.0%
3 2838
+35.7%
4 35
+66.7%
5+ 11
0.0%

Summary: The Denver Heights 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 remained the same, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Denver Heights, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Denver Heights in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Denver Heights, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
54 Days106 Days+97.2%

Summary: Homes in Denver Heights had an average of 106 days on market in Oct 2024, up by 97.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Denver Heights has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Denver Heights; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

Newest Listings in Denver Heights, TX

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