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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greater Harmony Hills is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Greater Harmony Hills was a Neutral Market.

Key Takeaway

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

Housing Prices in Greater Harmony Hills, TX

How much do homes in Greater Harmony Hills, TX cost?

Median Sold Price

$315,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,500(+0.8%)

Key Takeaway

Homes in Greater Harmony Hills have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Greater Harmony Hills was $315,000 in October 2024, up 0.8% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $123K-
N/A
2 $160K$140K
-12.5%
3 $307.5K$282.5K
-8.1%
4 $343.7K$334K
-2.8%
5+ $477.2K$487.5K
+2.1%

Summary: Greater Harmony Hills 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 decreased by 12.5%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 2.1%.

Housing Supply in Greater Harmony Hills, TX

How many homes are available in Greater Harmony Hills, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4555+22.2%

Summary: The Greater Harmony Hills real estate market had 55 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1822
+22.2%
4 1621
+31.3%
5+ 1010
0.0%

Summary: The Greater Harmony Hills 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 100%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greater Harmony Hills, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Greater Harmony Hills in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Greater Harmony Hills, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days66 Days+229.7%

Summary: Homes in Greater Harmony Hills had an average of 66 days on market in Oct 2024, up by 229.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Greater Harmony Hills; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

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