Is Greater Eastwood, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greater Eastwood is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Greater Eastwood was a Seller's Market.

Key Takeaway

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

Housing Prices in Greater Eastwood, TX

How much do homes in Greater Eastwood, TX cost?

Median Sold Price

$365,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$10,000(-2.7%)

Key Takeaway

Homes in Greater Eastwood have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in Greater Eastwood was $365,000 in November 2024, down 2.7% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$431.5K
N/A
2 $319.5K$325K
+1.7%
3 $390K$380K
-2.6%
4 $470K$472.4K
0.5%
5+ $398.5K$438.5K
+10.0%

Summary: Greater Eastwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Neighborhoods

South Central Houston
+1.5%
Second Ward
0.5%
EaDo
-2.1%
Greater Eastwood
-2.7%

Housing Supply in Greater Eastwood, TX

How many homes are available in Greater Eastwood, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5570+27.3%

Summary: The Greater Eastwood real estate market had 70 homes for sale in November 2024, a 27.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 1819
+5.6%
3 3038
+26.7%
4 411
+175.0%
5+ 00
0.0%

Summary: The Greater Eastwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 175%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

3 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 Greater Eastwood, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Greater Eastwood in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Greater Eastwood, TX

How long does it take to sell a home in Greater Eastwood, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
60 Days27 Days-55.4%

Summary: Homes in Greater Eastwood had an average of 27 days on market in Nov 2024, down by 55.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Greater Eastwood are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Greater Eastwood; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Greater Eastwood, TX

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