$2,126 Closing Credit*
$179,000
1,008 SqFt
3 Beds
•2 Full Baths
Alejandra Bustamante, Listing Office: HomeSmart
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 December 2023
At the same time last year, Eastex - Jensen Area was a Seller's Market.
Key Takeaway
Eastex - Jensen Area 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 Eastex - Jensen Area, TX
How much do homes in Eastex - Jensen Area, TX cost?
Median Sold Price
$200,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$37,450(-15.8%)
Key Takeaway
Homes in Eastex - Jensen Area have sold for 15.8% less than they did a year ago.
Summary: The median home sold price in Eastex - Jensen Area was $200,000 in December 2024, down 15.8% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $127.5K | $150K | +17.6% |
| 3 Bedrooms | $288.5K | $230K | -20.3% |
| 4 Bedrooms | $222.1K | $180K | -19.0% |
| 5+ Bedrooms | $244.9K | $210K | -14.3% |
Summary: Eastex - Jensen Area housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.6%, 3 bedroom homes decreased by 20.3%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes decreased by 14.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Kashmere Gardens | $175K | $169K | -3.4% |
| Houston Gardens | $220.3K | $209.5K | -4.9% |
| East Little York / Homestead | $230.1K | $210K | -8.7% |
| Eastex - Jensen Area | $237.4K | $200K | -15.8% |
| Scenic Woods | $244.1K | $200K | -18.1% |
Housing Supply in Eastex - Jensen Area, TX
How many homes are available in Eastex - Jensen Area, TX?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 42 | 42 | 0.0% |
Summary: The Eastex - Jensen Area real estate market had 42 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 23 | 23 | 0.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Eastex - Jensen Area housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 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. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Eastex - Jensen Area in December 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 34 Days | 30 Days | -10.5% |
Summary: Homes in Eastex - Jensen Area had an average of 30 days on market in Dec 2024, down by 10.5% 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
Key Takeaway
Many homes in Eastex - Jensen Area are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 7 homes were sold in Eastex - Jensen Area; 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.
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”.