$10,000 Closing Credit*
$1,100,000
2,366 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kelly Watkins, Listing Office: eXp Realty LLC
Is Greater Heights / Houston Heights, 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, Greater Heights / Houston Heights was a Seller's Market.
Key Takeaway
Greater Heights / Houston Heights 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 Greater Heights / Houston Heights, TX
How much do homes in Greater Heights / Houston Heights, TX cost?
Median Sold Price
$649,037
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,082(-0.2%)
Key Takeaway
The sold price of homes in Greater Heights / Houston Heights has remained the same since last year.
Summary: The median home sold price in Greater Heights / Houston Heights was $649,037 in October 2024, down 0.2% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $350K | +45.8% |
| 2 Bedrooms | $520K | $525K | +1.0% |
| 3 Bedrooms | $630.7K | $634.2K | 0.5% |
| 4 Bedrooms | $1.1M | $1.1M | -5.2% |
| 5+ Bedrooms | $1.6M | $1.5M | -4.1% |
Summary: Greater Heights / Houston Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.8%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Washington Avenue Coalition / Memorial Park | $515.2K | $527.4K | +2.4% |
| Woodland Heights | $757.7K | $766.5K | +1.2% |
| Central Houston | $549.6K | $555.6K | +1.1% |
| Greater Heights / Houston Heights | $650.1K | $649K | -0.2% |
| West End | $498.2K | $495K | -0.7% |
Housing Supply in Greater Heights / Houston Heights, TX
How many homes are available in Greater Heights / Houston Heights, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 417 | 553 | +32.6% |
Summary: The Greater Heights / Houston Heights real estate market had 553 homes for sale in October 2024, a 32.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 99 | 120 | +21.2% |
| 3 Bedrooms | 215 | 299 | +39.1% |
| 4 Bedrooms | 78 | 99 | +26.9% |
| 5+ Bedrooms | 17 | 26 | +52.9% |
Summary: The Greater Heights / Houston Heights housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 21.2%, 3 bedroom homes increased by 39.1%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes increased by 52.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 | 88 | +18.9% |
Asking Price vs. Sold Price
58 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greater Heights / Houston Heights, you may be able to get a good deal. 65.9% of homes here sold below asking price last month.
Summary: A total of 88 homes were sold or pending in Greater Heights / Houston Heights in October 2024, up by 18.9% month-over-month. Of the 88 sold homes, 66% were sold under asking, 18% were sold at asking, and 16% were sold over asking.
Days on Market for Greater Heights / Houston Heights, TX
How long does it take to sell a home in Greater Heights / Houston Heights, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 38 Days | +43.5% |
Summary: Homes in Greater Heights / Houston Heights had an average of 38 days on market in Oct 2024, up by 43.5% compared to last year.
Breakdown of Home Sale Times
51 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Greater Heights / Houston Heights are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 88 homes were sold in Greater Heights / Houston Heights; 58% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 15% 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”.