Is Hitchcock, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hitchcock is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Hitchcock was a Neutral Market.

Key Takeaway

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

Housing Prices in Hitchcock, TX

How much do homes in Hitchcock, TX cost?

Median Sold Price

$280,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$46,850(-14.3%)

Key Takeaway

Homes in Hitchcock have sold for 14.3% less than they did a year ago.

Summary: The median home sold price in Hitchcock was $280,000 in October 2024, down 14.3% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$220K
N/A
2 $291.5K$298.9K
+2.5%
3 $350K$286.1K
-18.2%
4 $339.9K$270K
-20.6%
5+ $650K$846.7K
+30.3%

Summary: Hitchcock 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 increased by 2.5%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 20.6%, and 5+ bedroom homes increased by 30.3%.

Median Sold Price Compared To Nearby Cities

Tiki Island
+7.6%
La Marque
-7.0%
Bayou Vista
-8.7%
La Marque-Hitchcock
-11.6%
Hitchcock
-14.3%

Housing Supply in Hitchcock, TX

How many homes are available in Hitchcock, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
90108+20.0%

Summary: The Hitchcock real estate market had 108 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1921
+10.5%
3 4457
+29.5%
4 2024
+20.0%
5+ 65
-16.7%

Summary: The Hitchcock 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 10.5%, 3 bedroom homes increased by 29.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

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

Summary: A total of 8 homes were sold or pending in Hitchcock in October 2024, down by 20.0% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hitchcock, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
123 Days48 Days-60.5%

Summary: Homes in Hitchcock had an average of 48 days on market in Oct 2024, down by 60.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hitchcock has remained consistent over time.

Summary: During October 2024, 8 homes were sold in Hitchcock; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% 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 16 Days Ago

Newest Listings in Hitchcock, TX

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