Is Harvard Place - Eastlawn, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harvard Place - Eastlawn is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Harvard Place - Eastlawn has remained a Buyer's Market.

Key Takeaway

Harvard Place - Eastlawn is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Harvard Place - Eastlawn, TX

How much do homes in Harvard Place - Eastlawn, TX cost?

Median Sold Price

$142,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,450(-15.2%)

Key Takeaway

Homes in Harvard Place - Eastlawn have sold for 15.2% less than they did a year ago.

Summary: The median home sold price in Harvard Place - Eastlawn was $142,000 in October 2024, down 15.2% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $153K-
N/A
2 $142K$115K
-19.0%
3 $187.4K$182K
-2.9%
4 $205K$399K
+94.6%
5+ --
N/A

Summary: Harvard Place - Eastlawn 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 19%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 94.6%, and 5+ bedroom homes did not change.

Housing Supply in Harvard Place - Eastlawn, TX

How many homes are available in Harvard Place - Eastlawn, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5152+2.0%

Summary: The Harvard Place - Eastlawn real estate market had 52 homes for sale in October 2024, a 2.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 1212
0.0%
3 3333
0.0%
4 66
0.0%
5+ 00
0.0%

Summary: The Harvard Place - Eastlawn housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harvard Place - Eastlawn, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Harvard Place - Eastlawn in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Harvard Place - Eastlawn, TX

How long does it take to sell a home in Harvard Place - Eastlawn, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days65 Days+64.2%

Summary: Homes in Harvard Place - Eastlawn had an average of 65 days on market in Oct 2024, up by 64.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Harvard Place - Eastlawn has remained consistent over time.

Summary: During October 2024, 6 homes were sold in Harvard Place - Eastlawn; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% 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

Newest Listings in Harvard Place - Eastlawn, TX

Nearby Markets to Harvard Place - Eastlawn, TX