$128,000
0.49 Acres
Land
Jorge Armendariz, Listing Office: Real Properties
Is Eastex - Jensen Area, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Eastex - Jensen Area was a Seller's Market.
Key Takeaway
Eastex - Jensen Area is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Eastex - Jensen Area, TX
How much do homes in Eastex - Jensen Area, TX cost?
Median Sold Price
$230,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+4.5%)
Key Takeaway
Homes in Eastex - Jensen Area have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Eastex - Jensen Area was $230,000 in October 2024, up 4.5% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $127.5K | $140K | +9.8% |
| 3 Bedrooms | $255K | $299K | +17.3% |
| 4 Bedrooms | $230K | $196.7K | -14.5% |
| 5+ Bedrooms | $209.9K | $204.5K | -2.6% |
Summary: Eastex - Jensen Area 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 9.8%, 3 bedroom homes increased by 17.3%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes decreased by 2.6%.
Median Sold Price Compared To Nearby Neighborhoods
| East Little York / Homestead | $185.4K | $205K | +10.6% |
| Houston Gardens | $208K | $221K | +6.3% |
| Eastex - Jensen Area | $220K | $230K | +4.5% |
Housing Supply in Eastex - Jensen Area, TX
How many homes are available in Eastex - Jensen Area, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 46 | +15.0% |
Summary: The Eastex - Jensen Area real estate market had 46 homes for sale in October 2024, a 15.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 22 | 24 | +9.1% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Eastex - Jensen Area 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 16.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastex - Jensen Area, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Eastex - Jensen Area in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Eastex - Jensen Area, TX
How long does it take to sell a home in Eastex - Jensen Area, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 36 Days | -39.6% |
Summary: Homes in Eastex - Jensen Area had an average of 36 days on market in Oct 2024, down by 39.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Eastex - Jensen Area has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Eastex - Jensen Area; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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