$80,000
Land
Andrew Gutierrez, Listing Office: Logos Investment Properties & Real Estate
Is Hitchcock, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Hitchcock was a Seller's 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
$285,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$44,950(-13.6%)
Key Takeaway
Homes in Hitchcock have sold for 13.6% less than they did a year ago.
Summary: The median home sold price in Hitchcock was $285,000 in November 2024, down 13.6% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149K | $220K | +47.7% |
| 2 Bedrooms | $298.2K | $275K | -7.8% |
| 3 Bedrooms | $347.5K | $287.6K | -17.2% |
| 4 Bedrooms | $325.9K | $283K | -13.2% |
| 5+ Bedrooms | $650K | $846.7K | +30.3% |
Summary: Hitchcock housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.7%, 2 bedroom homes decreased by 7.8%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes increased by 30.3%.
Median Sold Price Compared To Nearby Cities
| Tiki Island | $780K | $850K | +9.0% |
| La Marque-Hitchcock | $284.4K | $267.6K | -5.9% |
| La Marque | $293.6K | $273.2K | -6.9% |
| Bayou Vista | $413.5K | $383.5K | -7.2% |
| Hitchcock | $329.9K | $285K | -13.6% |
Housing Supply in Hitchcock, TX
How many homes are available in Hitchcock, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 95 | 115 | +21.1% |
Summary: The Hitchcock real estate market had 115 homes for sale in November 2024, a 21.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 19 | 28 | +47.4% |
| 3 Bedrooms | 50 | 57 | +14.0% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Hitchcock housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 47.4%, 3 bedroom homes increased by 14%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 4 | -63.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 4 homes were sold or pending in Hitchcock in November 2024, down by 63.6% month-over-month. Of the 4 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 91 Days | +124.7% |
Summary: Homes in Hitchcock had an average of 91 days on market in Nov 2024, up by 124.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Hitchcock are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in Hitchcock; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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