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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Huffman is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Huffman was a Seller's Market.

Key Takeaway

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

Housing Prices in Huffman, TX

How much do homes in Huffman, TX cost?

Median Sold Price

$264,990

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$34,510(-11.5%)

Key Takeaway

Homes in Huffman have sold for 11.5% less than they did a year ago.

Summary: The median home sold price in Huffman was $264,990 in October 2024, down 11.5% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $210K$244K
+16.2%
3 $252.9K$254K
0.4%
4 $568.8K$303K
-46.7%
5+ $650K$760K
+16.9%

Summary: Huffman 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 16.2%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 46.7%, and 5+ bedroom homes increased by 16.9%.

Median Sold Price Compared To Nearby Cities

Porter
+5.5%
Crosby
+1.7%
Northeast Harris
-0.5%
New Caney
-3.6%
Huffman
-11.5%

Housing Supply in Huffman, TX

How many homes are available in Huffman, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
100130+30.0%

Summary: The Huffman real estate market had 130 homes for sale in October 2024, a 30.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 22
0.0%
3 5579
+43.6%
4 3642
+16.7%
5+ 55
0.0%

Summary: The Huffman 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 remained the same, 3 bedroom homes increased by 43.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1411-21.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Huffman, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Huffman in October 2024, down by 21.4% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.

Days on Market for Huffman, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days64 Days+77.4%

Summary: Homes in Huffman had an average of 64 days on market in Oct 2024, up by 77.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Huffman; 36% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 36% 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 Huffman, TX

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