$2,363 Closing Credit*
$199,000
988 SqFt
3 Beds
•1 Full Bath
DeAndra Knight, Listing Office: Aplomb Real Estate
Is East Little York / Homestead, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, East Little York / Homestead was a Seller's Market.
Key Takeaway
East Little York / Homestead is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Little York / Homestead, TX
How much do homes in East Little York / Homestead, TX cost?
Median Sold Price
$215,182
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$14,947(-6.5%)
Key Takeaway
Homes in East Little York / Homestead have sold for 6.5% less than they did a year ago.
Summary: The median home sold price in East Little York / Homestead was $215,182 in November 2024, down 6.5% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118K | $60K | -49.2% |
| 2 Bedrooms | $140K | $137.5K | -1.8% |
| 3 Bedrooms | $229.6K | $200K | -12.9% |
| 4 Bedrooms | $244.3K | $250K | +2.3% |
| 5+ Bedrooms | $297.4K | $275K | -7.5% |
Summary: East Little York / Homestead housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.2%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Neighborhoods
| East Houston | $200K | $235.7K | +17.9% |
| Houston Gardens | $210.6K | $210K | -0.3% |
| East Little York / Homestead | $230.1K | $215.1K | -6.5% |
| Scenic Woods | $243.9K | $208K | -14.7% |
Housing Supply in East Little York / Homestead, TX
How many homes are available in East Little York / Homestead, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 82 | 93 | +13.4% |
Summary: The East Little York / Homestead real estate market had 93 homes for sale in November 2024, a 13.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 52 | 61 | +17.3% |
| 4 Bedrooms | 20 | 24 | +20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The East Little York / Homestead housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Little York / Homestead, expect to pay close to the asking price. 63.6% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in East Little York / Homestead in November 2024, down by 15.4% month-over-month. Of the 11 sold homes, 27% were sold under asking, 64% were sold at asking, and 9% were sold over asking.
Days on Market for East Little York / Homestead, TX
How long does it take to sell a home in East Little York / Homestead, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 50 Days | +27.9% |
Summary: Homes in East Little York / Homestead had an average of 50 days on market in Nov 2024, up by 27.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Little York / Homestead are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in East Little York / Homestead; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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”.