Is Mont Belvieu, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mont Belvieu is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Mont Belvieu has remained a Seller's Market.

Key Takeaway

Mont Belvieu is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mont Belvieu, TX

How much do homes in Mont Belvieu, TX cost?

Median Sold Price

$430,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,000(+0.9%)

Key Takeaway

Homes in Mont Belvieu have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Mont Belvieu was $430,000 in October 2024, up 0.9% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $237.5K-
N/A
3 $362.5K$375K
+3.4%
4 $442.4K$445.3K
+0.6%
5+ $478.1K$465K
-2.8%

Summary: Mont Belvieu 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 did not change, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Cities

Liberty-Dayton
+7.5%
Mont Belvieu
+0.9%
Baytown
0%
Northeast Harris
-0.5%

Housing Supply in Mont Belvieu, TX

How many homes are available in Mont Belvieu, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5747-17.5%

Summary: The Mont Belvieu real estate market had 47 homes for sale in October 2024, a 17.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 98
-11.1%
4 3927
-30.8%
5+ 912
+33.3%

Summary: The Mont Belvieu 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 decreased by 11.1%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1911-42.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mont Belvieu, 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 Mont Belvieu in October 2024, down by 42.1% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.

Days on Market for Mont Belvieu, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
56 Days48 Days-14.7%

Summary: Homes in Mont Belvieu had an average of 48 days on market in Oct 2024, down by 14.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Mont Belvieu; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% 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

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