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 December 2023

At the same time last year, Denver Heights was a Seller'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

$206,999

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$63,000(-23.3%)

Key Takeaway

Homes in Denver Heights have sold for 23.3% less than they did a year ago.

Summary: The median home sold price in Denver Heights was $206,999 in December 2024, down 23.3% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $150K$190K
+26.7%
2 $179K$97.9K
-45.3%
3 $295K$230.5K
-21.9%
4 $269.2K$245.9K
-8.6%
5+ $662.5K-
N/A

Summary: Denver Heights housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.7%, 2 bedroom homes decreased by 45.3%, 3 bedroom homes decreased by 21.9%, 4 bedroom homes decreased by 8.6%, 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

Nov 2024Dec 2024CHANGE
5556+1.8%

Summary: The Denver Heights real estate market had 56 homes for sale in December 2024, a 1.8% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 32
-33.3%
2 1414
0.0%
3 3335
+6.1%
4 55
0.0%
5+ 00
0.0%

Summary: The Denver Heights housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Denver Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Denver Heights in December 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Dec 2023Dec 2024CHANGE
121 Days81 Days-32.6%

Summary: Homes in Denver Heights had an average of 81 days on market in Dec 2024, down by 32.6% compared to last year.

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 December 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 2 Days Ago

Newest Listings in Denver Heights, TX

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